Question

How does agribusiness help people in the developing world?

I. High-wage jobs
II. Better food supply
III. Support for traditional agricultural practices

a. I only
b. II only
c. III only
d. I and III
e. II and III

Answer 1

The correct answer is: e. II and III.

Agribusiness in the developing world is very important for the people in this parts of the world because it both, manages to contribute to better food supply, and gives support for the traditional agricultural practices. The agribusiness, in this type of countries is usually the dominant business for the country, so most of the economy revolves around it.

The food supply is improved by it, because it buys out the produced food, and be it fresh or manufactured, is distributing it wherever there's demand for it.

The agribusiness is a great supporter of the traditional practices in agriculture, but it also helps in the development and modernization of them. It is worth to notice that the agribusiness is using this type of agriculture in the production of organic food, and the demand for it in the global market is rising constantly, being payed very well too.

Answer 2

e. II and III

Agribusiness helps the people in the developing world:
- by giving them better food supply, because with agribusiness they can have access to a continuing source of food that they can produce themselves.
- by supporting their traditional agricultural practices, integrating them with modern techniques as well, with the aim of giving these people skills necessary to improve their lives without having to give back their traditional agricultural practices.