agricultural economy
An agricultural economy is a type of economic system where farming and the production of crops and livestock play a central role. In this system, a significant portion of the population is involved in agriculture, which provides food, raw materials, and employment. The success of an agricultural economy often depends on factors like climate, soil quality, and access to water.
In many countries, especially in rural areas, agriculture is vital for sustaining livelihoods and supporting local communities. It can also influence trade, as countries export surplus produce to meet global demand. Key elements include farming techniques, crop rotation, and livestock management.