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

1 answer

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.