Agricultural Monopolies

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The changes in the food economy due to agricultural monopolies
The idyllic farm that we have learned about in our childhood is gone. The images of red barns and livestock in the field are firmly committed to history. Now, the farms of the past have been replaced by industrialized growing operations that emphasize quantity over quality. As a result, the small farms of the past could no longer compete. In fact, the majority of money spent on food by the farmers and the consumers goes to places other than the region it is being grown in. This, in turn, causes a movement of money out of the local economy. This, caused by monopolies, have had very negative impacts throughout America’s regions in the economic way. On top of this, because of food’s …show more content…

Because of the farmer and consumers buying these crops, money is spent from the consumer’s region and given to the agricultural monopolies and, in turn, into the base region of those monopolies. Ken Meter, the president of Minneapolis-based Crossroads Research Center, a trusted and bias-free research center that has a lot of experience in accurately describing trends, found out that the farmers “spent $500 million on farming inputs. Moreover, the region's consumers spent an additional $500 million on food purchased from elsewhere. All of the money--and then some--that the region earned from farming was drained right back out of the community by the food system itself.” (DeWeerdt). This movement of money, described by Deweerdt, causes a deportation of money from the region the food is sold in as well as the risk of inflation in the region they are bringing the money into. This can be further explained, because agricultural monopolies focused in one area bring revenue into only their base region. Therefore, there is an irregular increase of money in this base region, which is the primary reason behind inflation. On top of this, the other region is losing money, harming their local economy. These are negative impacts caused by agricultural …show more content…

Food has changed and will continue to change throughout time. It first started as “hunting and gathering with weapons, but then turned into the use of plows in settled agriculture” into pesticides and now into genetically modified foods (Wood). These changes, described by Wood, an informational writer backed by research from many scientists and trusted by many classes of AP Human Geography, mean that food is ever-changing. Therefore, those products, which are tied to the current state of food, are at risk of becoming useless, just like the economies that are tied to those products. Agricultural monopolies try to implement the newest type of food product, GMOs. Because of their control over most local farms,throughout America, those farms, use only the cheaper Gmos and cause previous economies they used to be ruined. This is due to the farms not needing the products that the local economies offer and depend on. Therefore, these economies lose revenue and money because the agricultural monopolies cause farms to change the products they use in turn hurting this local

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