Agribusiness
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Definition
The term agribusiness refers to a set of multiple, interrelated businesses, which are connected to agriculture upstream and downstream in the supply chain; it provides goods and services to consumers around the world (Davis and Goldberg 1957; Gunderson et al. 2014). The sphere of agribusiness concerns the business of agricultural production: it includes the people and firms who provide inputs, process the output, manufacture the food products, and transport and sell food products to consumers (Anitha 2006; Bairwa et al. 2014).
Synonyms
Introduction
The objective of this entry is to provide noneconomists with an analytical tool with which to understand various aspects of contemporary agriculture and food and fiber systems. The first part of the entry will provide an overview of the concept of agribusiness from its conception to current times. It...
References
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