European Agriculture: Transformation, Challenges, and Policy
The Shift from Traditional Farming
It often happens that in areas near industrial zones, many farmers prefer to engage in craft industries where salaries are more secure, and then dedicate their free time to their fields. This is known as part-time farming. The agricultural market depends on the law of supply and demand. Sometimes governments intervene to change prices.
Governments have mechanisms to regulate agricultural prices.
The Crisis of European Traditional Agrarian Society
Location of the Small
Read MoreEconomic Impact of the Primary Sector: Agriculture to Fishing
The Primary Sector
Today, the economic importance of the primary sector has decreased. This sector only contributes 4% of the world’s production. In developed countries, it accounts for between 1 and 6%, and in developing countries, 50%. In very poor countries, it can reach 80%, and they often use traditional methods, resulting in low productivity.
The agricultural revolution shifted subsistence agriculture to commercial agriculture, which predominates in developed countries. The main goal is to obtain
Read MoreCountries, Capitals, and Currencies: A Global List
Countries, Capitals, and Currencies
A-C
- Afghanistan / Kabul / Afghani
- Albania / Tirana / Lek
- Algeria / Algiers / Dinar
- Andorra / Andorra la Vella / Euro
- Angola / Luanda / New Kwanza
- Antigua and Barbuda / Saint John’s / EC Dollar
- Argentina / Buenos Aires / Peso
- Armenia / Yerevan / Dram
- Australia / Canberra / Australian Dollar
- Austria / Vienna / Euro
- Azerbaijan / Baku / Manat
- Bahamas / Nassau / Bahamian Dollar
- Bahrain / Al-Manama / Bahrain Dinar
- Bangladesh / Dhaka / Taka
- Barbados / Bridgetown / Barbados Dollar
- Belarus
Medieval Europe: Trade, Urban Growth, and Societal Changes
1. When Did Agricultural Production Start to Increase?
Agricultural production began to increase in the 12th century. New land was created by cutting down forests and draining marshes. In some areas, the three-year system of crop rotation was established, leaving one-third of the land fallow each year. The moldboard plow tilled the soil more efficiently. In Mediterranean areas, irrigation became more widespread, and new crops were introduced. There was also greater use of wind and water mills, which
Read MoreLivestock Farming in Spain: Trends and Production
Livestock Activity in Spain: Evolution and Changes
Traditional farming, based on the coexistence of different livestock species in the same area, made up of indigenous breeds with a high degree of wildness, and using backward techniques and systems, caused extensive livestock yields. The low current has experienced major changes in structure and production, which have led to increased yields.
Density Structure and Recent Changes
a) Production tends to specialize in the production of meat or milk. This
Read MoreEconomic Impacts: COVID-19, Financial Crisis, Demographics, and Migration
COVID-19 Crisis vs. Financial Crisis
1. Origins of the Financial Crisis
Main causes: Low interest rates, huge savings from China and other Asian countries, self-fulfilling expectations, subprime mortgages, and the real estate bubble in the US, whose burst led to a financial crisis.
Consequences: Significant asset price decreases, the stock market crash in 2008, and financial and non-financial bankruptcies. The crisis affected the real economy of the world through several channels: a collapse in international
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