Agribusiness (Noun)
Meaning
A large-scale farming enterprise.
Classification
Nouns denoting acts or actions.
Examples
- Dow AgroSciences is a global agribusiness that develops and provides solutions for growers and the crop protection industry.
- The rise of industrial-scale livestock and poultry operations has led to the growth of agribusiness as a significant factor in the economy of many countries.
- Iowa State University offers an agricultural business program that prepares students to enter careers in the agribusiness industry.
- Agribusiness in the 19th century involved establishing crop plantations in one's own country or in colonial territories for mass production.
- The goal of many modern-day startups is to revamp agribusiness through technological innovations that make farming practices more efficient.