Economic importance of cash crops. Cash Crop Farming: Meaning, Advantages, and Disadvantages 2022-11-08
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Cash crops are agricultural products that are grown for the purpose of being sold on the market. They are typically high-value crops that are in demand by consumers, and they play a significant role in the global economy.
One of the primary economic benefits of cash crops is that they provide a source of income for farmers and rural communities. In many developing countries, agriculture is a primary source of employment and income, and cash crops can provide a lucrative option for farmers. By growing and selling cash crops, farmers are able to earn a higher income, which can be used to improve their living standards and invest in their communities.
In addition to providing income for farmers, cash crops also contribute to economic growth at the national level. By exporting cash crops to other countries, a nation can earn foreign currency, which can be used to fund development projects and improve the overall standard of living. For example, coffee is a major cash crop in many developing countries, and the export of coffee generates significant revenue for those nations.
Cash crops also have the potential to stimulate economic development in rural areas. By providing a source of income and employment, cash crops can help to reduce poverty and improve living standards in these areas. In addition, the infrastructure and facilities needed to grow, harvest, and transport cash crops can also create jobs and stimulate economic activity in rural areas.
Furthermore, cash crops can also have positive environmental impacts. Many cash crops, such as coffee and cocoa, are grown in tropical regions and can help to preserve forests and other natural habitats. By providing an economic incentive to preserve these areas, cash crops can play a role in conservation efforts.
In conclusion, cash crops are an important economic factor for farmers, rural communities, and nations around the world. They provide a source of income, stimulate economic growth, and can contribute to the development of rural areas and the conservation of natural habitats.
(DOC) THE CONTRIBUTION OF CASH CROPS TO THE ECONOMIC DEVELOPMENT OF TANZANIA: MWIJARUBI JOSEPHAT.
Agriculture as a source of raw materials for agro-based industries: Fruit farming offers raw materials for agro-based industries such as canning and preservation of fresh fruits coconut husk , pharmaceutical companies Aonla, Papaya, Jamun , transportation and packaging industries, among others. In the case of wheat, GN, and Ragi, the yield is 3. Fruit farming has more economic advantages than vegetable farming. The farming techniques used vary with each farmer as well as from one country to another. Then, depending on the rise in market prices, they sell the harvested crops. Production on formerly unused or barren land: Although most fruit crops require perennial irrigation and good soil for production, there are many hardy fruit crops such as mango, ber, cashew, custard apple, Aonla, Phalsa, Jamun, and other similar fruits that can be grown on poor shallow undulated soils that are considered unsuitable for growing grain or agronomic crops.
Cash Crop Farming: Meaning, Advantages, and Disadvantages
Source of Raw Material for the Agro-Based Industries In the agro-based industry, fruit growing offers the raw materials for canning and preserving products, among other things fresh fruits. That is, traditional farmers in developing countries employ farming techniques that they are accustomed to. Plantation crop: In original sense the term plantation refers to a forest crop raised artificially either by direct sowing or planting. Fruit tree farming helps to prevent soil erosion, silting of tanks, and air pollution. The most important cash crop in Colonial America was tobacco, first cultivated by the English at their Jamestown Colony of Virginia in 1610 CE by the merchant John Rolfe l. How many cash crops are there? Ans : Consumers are looking for healthier and more nutritious options for their meals as a result of health concerns, which have increased the demand for fruits and vegetables.
globalEDGE Blog: Cash Crop Blog Series Introduction >> globalEDGE: Your source for Global Business Knowledge
In subsistence farming, just enough crops are grown by the farmers for consumption by them and their families, thus, providing them with the basic needs. Cash crops- Sugarcane, Oilseeds, Horticulture crops, Tea, Coffee, Rubber, Cotton and Jute. That is, farmers have to borrow money from banks to purchase seeds for planting. They are high value commercial crops. This week the globalEDGE blog will look at cash crops around the world. Because conditions were filthy, disease began to spread among animals. Requirements of a crop to be categorized under plantation crop: 1.
The export of spices generates foreign exchange earnings of Rs. However, there would be some fluctuations depending on the freight prices and local demand and supply. What are the cash crops of the world? Ex: cashew nut, betel vine, tea comprise of 75% of total export earnings from the export of all agricultural produce. The only The earliest agriculture consisted of humans planting crops like wheat for their own consumption. Fruit and vegetable yields are 10 to 15 times greater than those produced by conventional agronomic crops in the same area. Ans : Ripening is characterised by an increase in the breakdown of starch within the fruit, as well as an increase in the number of simple sugars that are sweet in taste such as sucrose, glucose, and fructose as a result of this breakdown. The manure from animals provides a good source of organic matter for improving soil fertility and crop yields.
Plantation Crop With Economic importance and Distribution
This article explores the current role of agriculture and rural development in African national economies and its potential for improving material standards of living and life chances. Growing cashew and mango plantations on high slopes in Kankan, where even ragi or nachni cannot be planted, has provided additional retribution to the growers. For example, rice, corn, wheat, cotton and coffee. India is geographically a vast country so it has various food and non-food crops which are cultivated in three main cropping seasons which are rabi, kharif and zaid. Cash crop costs are majorly determined by the commodity markets with a global scope. The biggest cash crops in modern day America currently are corn and soybeans; which bring in about 50 billion dollars each.
Produce has to be processed before they are put to use. Cash crops have played a large role in shaping the world throughout history. The sun loving plantation crops should always be raised under mono culture as sole crop, while the shade loving plantation crops cocoa, coffee may be raised as inter crop in the inter spaces of grown up sun loving plantation crops coconut, oil palm and areca nut or grown along with shade or nurse trees silver oak to have either shade coffee, tea or support betel vine or both betel vine Importance and Area of Plantation Crops Importance of Plantation Crops: The term Plantation crops refers to those crops which are cultivated on an extensive scale in a large contiguous area, owned and managed by an Individual or a company. Thus, we see that subsistence farming and cash crop farming differ in the basic purpose with which they are practiced. Rice, wheat, maize, millet, barley, mower are the examples of food grains.
These animals are usually on grain-based diets because grain is cheaper than other forms of animal feed and help the animals reach market weight faster. In this way, they are able to repay their loans only after the sale of their crops. They also contain pectin, cellulose, lipids, proteins, and other nutrients that are essential for human survival. For instance, tea industry offers direct employment to 10 lakhs and indirect employment to 10 lakh people, while-cashew processing factories alone provide employment to 3 lakhs people besides 2 lakhs farmers are employed in cashew cultivation. . In contrast to agronomic crops, which are harvested at the end of the growing season, this provides a source of the continual flow of inputs and for other expenses of an immediate nature. These crops help to conserve the soil and ecosystem.
Geographical distribution of plantation crops: Almost all plantation crops are restricted geographical distribution to the tropics. Furthermore, the price of cash crops depends on the supply and demand in more developed countries, the least developed countries being the suppliers. The climate is a factor that decides the growth of cash crops. In horticulture sense the term plantation crop refers to a woody perennial crop grown on a large contiguous area, managed by an individual or a company, the produce of which is consumed only after processing. However, it is not helpful for farmers with small plots.
Consumers feel that fresh-cut fruits and vegetables are the healthiest formats available for processed fruits and vegetables, which has allowed the fresh-cut category to prosper. Plantation industry provides direct as well as indirect employment lo many millions of people. Soon after the discovery of agriculture people found they could easily grow Even today cash crops play a vital part in most of the world. Jute, cotton, sugarcane, oil seeds and rubber are known as cash crops. It is used for the production of biofuel.
Marijuana Called Top U. What was the number 1 cash crop? When bananas are ripening, this process is extremely visible. The crops include tea, coffee, rubber, cocoa, coconut, arecanut, oil palm, palmyrah, cashew, cinchona etc. Rolfe was in desperate straits himself, having been shipwrecked in Bermuda and then losing his newborn daughter and wife. They contribute to national economy by way of export earnings.
