This essay focuses on food quality and nutrition.“Production is any activity direct to the satisfaction of other peoples’ wants through exchange”. This definition makes it clear that, in economics, we do not treat the mere making of things as production.
Please reference the most cite papers around the topics of: -global food production -effects of conventional agriculture -organic farming concept –organic vs conventional environmental effects (biodiversity, water, land use, pollution etc) -organic vs conventional economics and production (yield differences, pricing, differences between developing countries) -organic vs conventional food quality and nutrition (nutrients, minerals, vitamins, negative health effects of pesticide residue? etc) -Please include a brief section about EU policies and economics surrounding organic production (but not too much as the essay should focus on biology) -Also please include a conclusion, evaluating the potential for organic farming methods to contribute to feeding the growing world population.
“Production is any activity direct to the satisfaction of other peoples’ wants through exchange”. This definition makes it clear that, in economics, we do not treat the mere making of things as production. What is made must be desig to satisfy wants.
On the other hand, all jobs which do aim at satisfying wants are part of production.
Those who provide services Such as hair-dressers, solicitors, bus drivers, postmen, and clerks are as much a part of the process of satisfying wants as are farmers, miners, factory workers and bakers. The test of whether or not any activity is productive is whether or not anyone will buy its end-product. If we will buy something we must want it; if we are not willing to buy it then, in economic terms, we do not want it.
For general purposes, it is necessary to classify production into three main groups:
Primary production is carry out by ‘extractive’ industries like agriculture, forestry, fishing, mining and oil extraction. These industries are engage in such activities as extracting the gifts of Nature from the earth’s surface, from beneath the earth’s surface and from the oceans.