As a result of the rise of agribusiness, most farms in the United States are now

Question

(1 point)
• owned by corporations.
• larger farms that are family-owned.
• cooperatives that follow fair trade practices.
• operating on large and reliable profit margins.
• owned by foreign-based transnational companies.

Explain which is correct

Answer 1

The correct answer is: owned by corporations.

As a result of the rise of agribusiness, most farms in the United States are now owned by corporations. Agribusiness involves the integration of various activities in the food production chain, including farming, processing, distribution, and marketing. Corporations have increasingly taken control of these various aspects of the food production chain, leading to the consolidation of farms under corporate ownership. This trend has resulted in larger farms that are often more efficient and profitable, but it has also raised concerns about the concentration of power in the hands of a few corporations and the impacts on small family farms.