agribusiness
n.the business of farming and the companies that support it, like those that sell seeds, fertilizers, and equipment. It usually refers to large-scale farming done by big corporations.
n.the business of agricultural production and the industries that support it, including the sale of seeds, fertilizers, and farm machinery. Often used to describe the industrialization of agriculture and the concentration of market power in large corporations.
“The local economy depends heavily on agribusiness.”
“Many small farmers struggle to compete with the scale and efficiency of global agribusiness giants.”
“The rise of agribusiness has transformed traditional farming into a highly capital-intensive industry, where the control of genetic patents and chemical inputs determines the success of the harvest.”
“As he detailed his 1977 text “ The Unsettling of America ,” Berry was a fierce critic of agribusiness and American’s throwaway, consumeristic culture .”
From agri- + business, or a blend of agriculture + business, coined by American academic and diplomat John Herbert Davis (1904–1988).
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.