2024-10-06T16:41:08+03:00[Europe/Moscow] en true <p>Capitalism </p>, <p>Adam Smith </p>, <p>Profit motive </p>, <p>Profit motive, Private property right, Consumer sovereignty, Freedom of enterprise, Competition (quality and quantity), Income Inequality </p>, <p>Market Economy </p>, <p>Free-market economy </p>, <p>Socialist society </p>, <p>Non-capitalism </p>, <p>Food production, Commodity production, Employment and Labor, Market integration, Technological innovation </p>, <p>Food Production </p>, <p>Commodity production</p>, <p>Employment and labor </p>, <p>Market integration</p>, <p>Technological innovation</p>, <p>Subsistence agriculture, Community ownership, Cultural and Traditional practices, Local and informal practices, Resistance to capital exploitation , Sustainability and resilience </p>, <p>Erramon I. Aboitiz</p>, <p>Andrew Tan </p>, <p>John Gokongwei Jr.</p>, <p>Tony Tan Caktiong </p>, <p>Henry Sy </p>, <p>Lucio Tan </p>, <p>Resistance to capital exploitation </p>, <p>Sustainability and resilience </p>, <p>Local and informal economies </p>, <p>Cultural and Traditional practices </p>, <p>Community ownership </p>, <p>Subsistence agriculture </p>, <p>Crop scientist </p>, <p>Soil scientist </p>, <p>Crop protection </p>, <p>Extension agents</p>, <p>Agricultural and Biosystems Engineers </p>, <p>Industrial agriculture </p>, <p>Agriculture </p> flashcards
Agsci lesson 1.2

Agsci lesson 1.2

  • Capitalism

    An economic and political system in which a country’s trade and industry are controlled by private individuals as owners rather than by the state or government.

  • Adam Smith

    inventor of Capitalism famous for his book “The Wealth of Nation”

    father of modern economics

    Scottish economist, philosopher and author

  • Profit motive

    production and distribution of goods, and services in the society is towards profit.

  • Profit motive, Private property right, Consumer sovereignty, Freedom of enterprise, Competition (quality and quantity), Income Inequality

    Capitalism six core values

  • Market Economy

    an economic system where in the economic decisions and the pricing of goods and services are guided by the interaction of the country's individual citizens and business

  • Free-market economy

    a capital society is a

  • Socialist society

    Distribution of goods or resources is done by the state

  • Non-capitalism

    The State makes sure that each class in the society gets access to resources.

    An economy that does not support capitalism

  • Food production, Commodity production, Employment and Labor, Market integration, Technological innovation

    Agriculutre in a capitalist society

  • Food Production

    Agriculture is the primary source of food.

    It satisfies basic human needs and drives consumer demand.

  • Commodity production

    Agricultural products are important commodities in a capitalist economy subject to forces of supply and demand.

    Selling and buying agricultural products generate revenue, stimulate economic growth, and drive trading and commerce.

  • Employment and labor

    Agriculture is a labor-intensive sector and thus provides employment opportunities.

  • Market integration

    Due to globalization, agriculture is integrated into global trading, supply chains, and international commerce.

  • Technological innovation

    In a capitalist society, agriculture is the catalyst for technological innovation and scientific advancement.

  • Subsistence agriculture, Community ownership, Cultural and Traditional practices, Local and informal practices, Resistance to capital exploitation , Sustainability and resilience

    Agriculutre in a non-capitalist society

  • Erramon I. Aboitiz

    Aboitiz group

  • Andrew Tan

    McDonald's and Emperador Light

  • John Gokongwei Jr.

    Robinsons

  • Tony Tan Caktiong

    Jollibee, Chowking, Mang Inasal

  • Henry Sy

    SM

  • Lucio Tan

    Philippine Airlines

  • Resistance to capital exploitation

    A non-capitalist agricultural system serves as a form of resistance to capitalist exploitation and external pressures.

  • Sustainability and resilience

    Agriculture in non-capitalist societies is often characterized by sustainable practices.

  • Local and informal economies

    In non-capitalist societies, agricultural production is engaged in local, informal, or barter-based economies with no formal market systems.

  • Cultural and Traditional practices

    In non-capitalist societies, agriculture often reflects cultural traditions, customs, and indigenous knowledge systems

  • Community ownership

    In non-capitalist societies, agricultural land and resources are owned and managed collectively by communities or extended families rather than by private individual landowners.

  • Subsistence agriculture

    In many non-capitalist societies, agriculture is primarily oriented towards subsistence

  • Crop scientist

    develop cropping systems in which production packages comprised of crop or pasture communities set management practices of farming systems relative to a particular farm.

  • Soil scientist

    develop effective soil and nutrient management strategies to improve crop yield and maintain a healthy soil environment.

  • Crop protection

    develop effective soil and sustainable methods of managing pests and diseases of crops.

  • Extension agents

    development communicators develop effective methods to disseminate new agricultural knowledge and technologies to the farmers.

  • Agricultural and Biosystems Engineers

    develop machinery and equipment to facilitate production fertilizing, operations, which include equipment for land preparation, seeding, cultivating equipment, irrigating harvesting.

  • Industrial agriculture

    has increased agriculture tremendously global agricultural productivity, it’s a diverse industry making it an excellent employment avenue

  • Agriculture

    is the world’s oldest and one of the most important professions in the world. According to the Food and Agriculture Organization (FAO) OF United Nations, more than 60% of the world’s population depends on agriculture for survival.