agribusiness
noun
PRODUCTION /ˈæɡriˌbɪznɪs/ ukus [ U ]
the different types of businesses that are involved in farming, such as growing crops, supplying seeds, manufacturing farm equipment, and marketing farm products:
Over half the nation’s land area is devoted to farming and approximately 16% of total employment is in agribusiness.
[ C or U ]
farming using modern equipment and methods, considered an important industry:
The term “agribusiness” is sometimes used negatively by critics of large-scale, industrialized food production.
See also
extensive agriculture
intensive agriculture