Growth in Australian Agriculture Sector

Running Head: GROWTH IN AUSTRALIAN AGRICULTURE SECTOR
Growth in Australian Agriculture Sector
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1GROWTH OF AUSTRALIAN AGRICULTURE
Table of Contents
1. Introduction..................................................................................................................................2
2. Essence of the chosen article.......................................................................................................2
3. Economic theories and concept...................................................................................................3
Productivity growth in Agriculture..............................................................................................3
Increasing demand for food and growth of food.........................................................................5
4. Recommendation.........................................................................................................................6
5. Conclusion...................................................................................................................................6
6. References....................................................................................................................................7

2GROWTH OF AUSTRALIAN AGRICULTURE
1. Introduction
Australia produces various agricultural products. The major agricultural product in
Australia include wheat, beef and wool. The main commercial crops produced in Australia are
oilseeds, grains, legumes, and crops like sugar, rice, grapes, potatoes and bananas. The sector has
made significant contribution in export. Agriculture in Australia provides employment to large
number of people. The large agricultural sector gives the nation a comparative advantage in the
international market. Australian agriculture constitute rapid growth because of its ability to adapt
technological innovation. Since green revolution, the production of crops increased by more than
double (australianimmigrationbook.com.au. 2017). The efficient agriculture industry in Australia
keep the farmers globally competitive.
2. Essence of the chosen article
The chosen article stresses on the fact that natives in Australia have become unaware of
the sources of food and fibre. The economic contribution of farm’s sector cannot be ignored.
Agriculture is an essential component in daily meals. Agriculture has significant contribution in
economic property of Australia. The sector alone provide nearly 1.6 million jobs in Australia. In
the supply chain of agriculture numerous there are numerous employment opportunities. The
valuation of primary sector in Australian economy is increasing beyond its expectation. The
approximate value of this sector in 2016 records increase of 2.4 percent.
The sector has marked an outstanding performance in the farm production by 27.6% over
the years. In the last quarter of 2016, agriculture has accounted 10 times of its average
contribution to the Australian economy. Half of the country’s growth is contributed by this
sector. The sector helps to maintain a standard growth rate for the economy. Depending on