Agricultural Economics: Introduction

<p>After the depression of 1890s</p> Signup and view all the answers

<p>Beginning of 20th century</p> Signup and view all the answers

<p>Agricultural Economics started to be studied as a separate branch of Economics and Agronomy only in the beginning of the 20th century.</p> Signup and view all the answers

<p>After completing the first chapter, students will be able to discuss how agricultural economics became a separate field of economics, define agriculture and agricultural economics, narrate the historical development of agriculture, discuss the role of agriculture for economic development, and illustrate the relationship between agriculture and industry.</p> Signup and view all the answers

<p>Organized farm groups stirred considerable interest in farm management problems only after the depression of 1890s, which seriously affected agriculture.</p> Signup and view all the answers

<p>Agricultural Economics as a separate discipline started only in the beginning of the 20th century when interest in economic issues related to agriculture erupted in several educational centers.</p> Signup and view all the answers

<p>Despite a significant number of literature written on agriculture, there are limited number of books written on agricultural economics as a separate field of study.</p> Signup and view all the answers