Agriculture and the Economy

Question 1

Which of the following companies created a new type of business model in 1950 that changed how food businesses worked and operated?

Revolt · Accepted Answer

McDonald’s

Question 2

Which of the following best explains the public’s shift to support local farming?

Revolt · Accepted Answer

The public is upset with corporate farming’s unhealthy and underhanded business practices.

Question 3

Which act or program allows the type of exchange in the following scenario? A farmer has a great deal of land, but he only uses about two-thirds of it for crops. The rest is “rented” by the government; in exchange for not using the rest of the land for farming, the government provides monetary compensation for keeping the land pristine.

Revolt · Accepted Answer

Conservation Reserve Program

Question 4

Which of the following is NOT a provision of the Agricultural Adjustment Act?

Revolt · Accepted Answer

farm equipment

Question 5

Correctly complete the statement below using the appropriate term.

Revolt · Accepted Answer

negative

Question 6

Which of the following countries signed the NAFTA, resulting in the formation of the largest trading association in the world?

Revolt · Accepted Answer

Canada, Mexico, United States

Question 7

Correctly complete the statement below using the appropriate term.

Revolt · Accepted Answer

commodity

Question 8

Which of the following best describes an economic system?

Revolt · Accepted Answer

an interconnected system revolving around the production, distribution, and consumption of goods and services

Agriculture and the Economy Answers

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