ABF 3.1 Vocabulary

What is the purpose of agricultural production practices?

• To increase the number of workers in agriculture

• To maximize yields and optimize business operations while minimizing costs and environmental impact

• To reduce the number of crops grown

• To increase the use of chemical applications

Tags

NGSS.HS-ETS1-1

NGSS.HS-LS2-7

What does a cash flow statement represent?

• A list of all employees in a company

• A statement of projected payments and receipts associated with a business plan

• A summary of all marketing strategies

• A report on environmental sustainability

What is crop insurance designed to protect against?

• Loss of crops due to natural disasters or revenue loss due to price declines

• Increase in crop production

• Decrease in pesticide use

• Loss of livestock due to disease

Tags

NGSS.HS-ESS3-1

What is direct marketing?

• Selling products through wholesalers

• Selling products directly to consumers

• Selling products through international markets

• Selling products through online platforms only

What does diversification in agriculture involve?

• Focusing on a single crop

• Producing two or more commodities with uncorrelated production levels or prices

• Increasing the use of fertilizers

• Reducing the number of livestock

Tags

NGSS.MS-LS2-5

What is enterprise diversification?

• Using a single crop for all funding

• Using a mixture of different crops and livestock for various funding sources

• Reducing the number of employees

• Increasing the use of technology in farming

What is the role of the Farm Credit Administration?

• To provide loans to small businesses

• To regulate and examine banks and associations related to the Farm Credit System

• To increase agricultural exports

• To manage farm subsidies

What is the Farm Credit System?

• A government agency providing grants

• A borrower-owned cooperative making loans to farmers and ranchers

• A private bank for agricultural businesses

• A system for increasing crop yields

What is the main focus of agricultural production practices?

• Increasing the number of farms

• Maximizing yields and optimizing operations

• Reducing the number of workers

• Increasing the use of technology

Tags

NGSS.MS-ETS1-2

NGSS.MS-ETS1-3

NGSS.MS-LS1-5

What is the purpose of a cash flow statement in agriculture?

• To list all farm equipment

• To project payments and receipts for a business plan

• To summarize crop yields

• To outline marketing strategies