ABSTRACT

In Touch with Industry: ICAF Industry Studies, Academic Year 1996: Agribusiness   [open pdf - 900KB]

U.S. agriculture is a $750 billion-plus industry that produces 15 percent of the U.S. gross domestic product (GDP), employs 17 percent of the U.S. work force, and accounts for 13 percent of all U.S. processed goods. These numbers demonstrate the strategic importance of the industry. In today' s world, economic wealth is as important as military strength in the calculation of power. The United States is blessed with a favorable climate, abundant resources, and strategic geography, but it is the agriculture business that translates these elements into competitive advantage and, in turn, national power. Because it is an exceptionally productive sector of the U.S. economy, agribusiness makes an important contribution to the nation' s wealth.

Author:
Publisher:
Date:
1996
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
Source:
ICAF Industry Studies 1996
URL:
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