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Student Name Class Period

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Presentation on theme: "Student Name Class Period"— Presentation transcript:

1 Student Name Class Period
Farm Facts Student Name Class Period

2 How are You connected to Agriculture? (page 23)
Products we use in our everyday lives come from Personal Care Construction Health Care Manufacturing Entertainment Education Sports Printing Transportation

3 How many people does one farmer feed?
Year Number of people 1 farmer feeds. 1940 1950 1960 1970 1980 1990 2000 Today

4 Who pays the least for food?

5 What does the U. S. Department of Agriculture spend $88
What does the U.S. Department of Agriculture spend $88.8 billion dollars on?

6 An acre is about the size of ???
Opportunity cost Opportunity cost is the cost incurred (sacrifice) by choosing one option over the next best alternative (which may be equally desired). Thus, opportunity cost is the cost of pursuing one choice instead of another. An acre is about the size of ??? An acre produces ??? Pounds of cotton or ??? Pounds of strawberries. A farmer could choose to sell an acre of farm land. An acre can be divided up into 4 home lots. If each home lot sells for $100,000, How much is the acre worth if the farmer sells it?

7 If a person spends one dollar on food, what percentage of that $ goes to the FARMER and what percentage goes to OFF FARM costs? (Look at page 15 and change the percentages below)

8 The Farmer gets 19 cents out of every dollar spent, but he has to pay his bills.
PROFIT = INCOME – COSTS ($ collected minus the bills!) The Farmers Expenses include:

9 What is the U.S. Share of world production?


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