why is it that agricuture is the bases of wealth?

Answer 1

It occurred to me recently that economies are always expanding, and wealth is always being created, yet I did not understand where this money came from. How does new wealth enter the economy, and where is its point of origin? The most satisfactory answer that I came up with is that only agriculture and natural resources create wealth, everything else simply moves it around.

Answer 2

It is true that all the material wealth on the planet was here from the end of the creation. Accepting that sun light is a continues source of new energy. However, other than naturally occurring agriculture, all the other material wealth iron ore, wood , sulfur and the like require labor to transform them into usable (desirable) materials. So the idea that wealth is just being moved around is on one level true but highly misleading because this view dose not take into account the utilitarian addions made by labor. Although an automobile is truthfully made from Teriann matter its pre manufactured form is of a useless nature. Agriculture is not the basis of wealth but rather land is the basis for wealth. However, land's easiest use for the bettering of the individuals life is agriculture because the produce will sustain his body which is used for the work and sun and water take little if any labor to obtain as pre requites to the like industry. Mineing the land on the other hand requires much more.

Answer 3

Without agriculture you can not sustain a large population. This is why the primary\agricultural sector of a countries economy developes first. Without a large population you can't build a large enough population to draw skilled labour from in order to build your manufacturing and services sectors. In addition to this, the amount of investment and amount of labour required in the primary sector is smaller than in manufacturing and services. Farming is usually begun on a subsistence level before it expands into a larger profit\production based agricultural system.

In addition to this food is a necessary commodity to everybody. Everyone needs to eat, therefor it is important that you have a developed agriculture sector to provide food at a price that is not detrimental to people's spending habits. If food is too expensive it will affect spending in all other areas and can put severe strains on an economy.

For some really good information on this subject I think you should find yourself a copy of "An inquiry into the nature and causes of the Wealth of Nations" by Adam smith. It is pretty long and hard reading but it will give you an excellent understanding of economics.

Answer 4

Because agriculure involves large track of land, a wealth that cannot be stolen or can be subject to depreciation. In agriculure, varied production can be derived from and multi-faceted types of work can be created.

Answer 5

If agriculture were the basis we wouldn't have to pay farmers NOT to farm! The basis of the currant dollar is the abilty to create money "EX NIHILO". A bank gives a loan not with money, but with "credit". They don't need the money IN their bank to loan. They merely need to say "we give you credit." But when you have to pay them back, you have to give them real money. It's a vicious unconstitutional system. And it works very very well for the extremely rich.

---------
[This credit system also applies to loaning money to countries; which is how countries (like the U.S.) can go bankrupt and get bought out by world-powerful banks(!)]

Answer 6

agriculture is the basis of industrialization and industrialization leads to development. Without agriculture there will be no raw materials to be manufactured and no food for everybody.