By Dr. L. Tim Wallace (auth.)
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Extra info for Agriculture’s Futures: America’s Food System
B. Sundquist, "Technology and Productivity Policies for the Future" (ECOPI Policies to develop and manage farm and food system technology in a manner consistent with a nation's physical and cultural endowments are of crucial importance. Although past policies have succeeded, many are not sustainable in the longer run. For example, the cumulative effect of growth in agricultural productivity since 1940 added an estimated $112 billion to national income in 1979 alone. On the negative side, there have been recognized adverse economic, environmental, and human effects from some technologies.
4 billion. Near the bottom of the list of the 100 large food MNCs is the Wrigley chewing gum company, with annual sales of about $500 million. Unilever has over 280,000 employees overseeing its assets in 75 different countries. , Unilever has two major subsidiaries, Lever Bros. and Thomas J. 5 billion per year. , Switzerland, or Japan. Only recently have MNCs emerged in countries like Mexico, Brazil, and Korea. Most of the capital for investment comes from these countries, and likewise, most of the investment remains there.
Production Credit Associations (PCAs), Federal Acceptance of the industrialization concept Intermediate Credit Banks (PlCBs), which fund about agriculture, along with its growing concen- PCAs and a few other financial institutions, and tration and competitive nature, will eventually Banks for Cooperatives; (4) government lendersforce a different set of farm and food policies from including the Farmers Home Administration Congress. There will be adjustment pains to those (FmHA), the Commodity Credit Corporation policy changes.