What is Philippine agriculture economy summary?

What can you say about the agriculture in the Philippines?

Agriculture in the Philippines is one, if not the essential industry in the country. It consists of forestry, crop production, livestock farming, and aquaculture cultivation. Its output sustains the local demand and considered to be essential commodities within the country.

What is the summary of agriculture?

Agriculture is the process of producing food, feed, fiber and many other desired products by the cultivation of certain plants and the raising of domesticated animals (livestock).

What is the current status of agriculture in the Philippines?

The Philippine Statistics Authority on Monday, August 9, reported that agricultural output dipped by 1.5% in the second quarter of 2021 from a 0.5% growth in the same period in 2020. The decline was led by livestock production, which sharply fell by 19.3%, as African swine fever continued to hound hog farmers.

What is the role of agriculture in Philippine economy?

Agriculture dominates Philippine economy. It furnishes employment to about 3 million persons or about 60 per cent of the gainfully employed workers. Agricultural operations provide 40 to 45 per cent of the total national income and about 75 to 80 per cent of the country’s exports.

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Why Agriculture is dying in the Philippines?

The government has recognized the declining contribution of the agricultural sector in the country’s GDP and this drop in its performance is attributed to its vulnerability towards extreme weather events (drought and typhoons), infestations (coconut scale insects), and poor adoption of high-yielding varieties at the …

Why are farmers in the Philippines poor?

The reasons are three-fold: the lack of accountability among farmer cooperative leaders; cooperatives and farmers’ associations are formed mainly to access government dole-outs; and the government agency (e.g., CDA), which has oversight responsibility on cooperatives, is oriented towards regulations of cooperatives …

Is agriculture a good career?

Career in Agriculture is one of the largest industries and a good source of employment across the country. Agriculture also plays a vital role in Indian economy. … It promotes the efficient production of quality food in the agricultural-food industry & on the farm linked to the farming.

Why is agriculture so important?

Agriculture plays a critical role in the entire life of a given economy. Agriculture is the backbone of the economic system of a given country. In addition to providing food and raw material, agriculture also provides employment opportunities to a very large percentage of the population.

What is the best definition of agriculture?

: the science, art, or practice of cultivating the soil, producing crops, and raising livestock and in varying degrees the preparation and marketing of the resulting products cleared the land to use it for agriculture.

What is the main purpose of agriculture?

Agriculture is practiced for the purpose of producing food and other human needs such as clothing, shelter, medicines, weapons, tools, ornaments, and indefinitely many more including livestock feed. It is likewise practiced as a business for economic gain.

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