Agricultural theories include location theory, production theory, and theories of specific agricultural practices.
Agricultural location theory
- An economic model that helps determine the best location for agriculture based on transportation costs and land costs
- Von Thünen Model of Land Use: One of the first models that attempted to address this
- Ricardo’s theory: Emphasized the physical qualities of land and urban demand as major determinants in rent production.
Production theory
- Focuses on what to produce, how much to produce, and how to produce
Theories of specific agricultural practices
- Schultz’ Theory of Traditional Agriculture: Contends that the resource allocation in traditional agriculture is generally efficient
Other agricultural concepts
- Commercial agriculture: Involves the production of crops on a large scale for sale in the market
- Shifting agriculture: A type of agriculture
- Intensive agriculture: A type of agriculture
- Extensive agriculture: A type of agriculture
Agriculture is the cultivation of crops for food and fodder. It plays a significant role in the Indian economy as the main source of food.