Final answer:
The statement is true; overproduction is a major issue in industrial agriculture, both historically and currently, leading to decreased market prices and environmental concerns.
Step-by-step explanation:
The answer to the student's question is A. True. One of the significant problems in industrial agriculture is indeed overproduction. The phenomenon occurs when there is an excessive supply of agricultural products, which leads to a decrease in market prices. Historically, overproduction has been a problem for farmers, especially during the late 19th century in America, when overproduction led to a significant decrease in the prices of farm goods. It stemmed from the westward expansion and industrialization, which improved farming tools and techniques, leading to higher yields but also to a market glut.
In modern times, agricultural production has continued to increase, often at the expense of the environment, leading to land degradation and other ecological concerns. Despite the technological advancements that allow for higher yields, these issues persist, making overproduction a double-edged sword in the world of agriculture. On one hand, it signifies bountiful harvests, but on the other, it can lead to economic and environmental distress.