Agricultural Economic Impact Flashcards
1
Q
According to the USDA ERS, how much does farming contribute to the US GDP?
A
$134.7 billion, 0.6 percent
2
Q
How much does agriculture, food, natural resources contribute to economy according to the USDA ERS?
A
$1.055 trillion, 5.0 share
3
Q
What number and percent of the US workforce is in agriculture?
A
19.7 million full and part time jobs in 2020, 10.3 percent
4
Q
What number and percent of farm workers?
A
2.6 million, 1.4%
5
Q
What percent of expenditure for food in American households in 2020?
A
11.9 percent share