The Problems with Industrialized Agriculture Are Discussed in the Book

question 45

Multiple Choice

The problems with industrialized agriculture are discussed in the book and include dangerous chemicals, weather susceptibility, large amounts of energy, and health risks. Taken all together, what might we note about the sorts of global problems that industrialized agriculture helps create?

• A) It leads to dramatic increases in poverty worldwide.
• B) It is significantly reducing the pollution caused by preindustrialized agriculture.
• C) The problems inherent in industrialized agriculture are increasing the human ecological footprint.
• D) The growth of industrial agriculture has created a severe shortage of capital around the world.

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Definitions:

Capital Cost Allowance (CCA)

A taxable expense in Canadian tax law that represents a yearly deduction for the depreciation of property used in a business or profession.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be converted to cash in the near-term.

Initial Cost

The initial expenditure involved in acquiring an asset or starting a project, before any operational or maintenance costs.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency of the business.