USA HISTORY

Detailed explanation-1: -Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage.

Detailed explanation-2: -Agriculture comes under the primary sector of economic activity. The primary sector includes the production and extraction of raw materials. The other activities which are related to this sector are mining, forestry, grazing, farming, hunting, fishing, quarrying, and gathering.

Detailed explanation-3: -Agriculture plays a vital role in the Indian economy. Over 70 per cent of the rural households depend on agriculture. Agriculture is an important sector of Indian economy as it contributes about 17% to the total GDP and provides employment to over 60% of the population.