Question

Agribusiness is the small-scale mechanized farming business that is controlled by corporate interests, agriculture is gradually being controlled by a small number of large corporations
Group of answer choices

True

False

Answer 1

The statement is **True**. Agribusiness refers to the integrated system of enterprises involved in agricultural production, processing, and distribution that often features significant corporate control and influence. Over time, there has been a trend towards consolidation in the agricultural industry, with a small number of large corporations gaining significant market power and control over various aspects of agriculture.