WORLD HISTORY

HISTORY

THE WORLD TODAY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In many Latin American countries, governments backed the growth of ____, giant commercial farms owned by multinational corporations.
A
contra
B
urbanization
C
import substitution
D
agribusinesses
Explanation: 

Detailed explanation-1: -Brazil is the largest country in terms of arable land, a top-5 producer of 34 agricultural commodities, and the largest agricultural net exporter.

Detailed explanation-2: -Latin American countries are major exporters of soybeans, pork, maize, poultry, animal feed, sugar, coffee, and fruits and vegetables.

Detailed explanation-3: -Corn (maize), a native of tropical America and now a staple in countries around the world, is the most widely cultivated crop throughout the continent. Argentina became a major exporter of corn during the 20th century.

Detailed explanation-4: -Key Takeaways. China is the world’s largest grain producer, yet has grown more dependent on food imports in recent decades. Much of India’s output is produced by subsistence farmers and consumed locally. The U.S. is the world’s top food exporter thanks to high crop yields and extensive agricultural infrastructure.

Detailed explanation-5: -commercial crop farming is also known as agribusiness. It is a type of farming in which crops and livestock are raised to sell the products on the market for profit. Commercial farms are large farms and require huge capital investment.

There is 1 question to complete.