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Agricultural Economy

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Agricultural Economy
Any local or national economy heavily dependent on agriculture. Most jobs in an agricultural economy are rooted in farming and ranching, at least tangentially. For example, even if one does not farm, one may make a living selling tractors and other farm equipment. Agricultural economies are often in very rural areas. How well such an economy performs may depend heavily on exogenous factors like the weather.


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ANKARA, Oct 12, 2009 (TUR) -- Turkish Agriculture & Rural Affairs Minister Mehmet Mehdi Eker said on Monday that Turkey was the 8th biggest agricultural economy of the world.
In the 11th century, Iran's impressive agricultural economy entered a steep decline, bringing the country's primacy to an end.
Even though the agricultural economy has slipped a bit in the past 12 months, particularly in the livestock sector, its long range prospects are excellent as many CEOs of agribusinesses make very clear in their presentations.
 
 
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Agricultural experiment station
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