Unit 1: The Horse Industry Flashcards
how many breeds in the US
120+
what percent of horse owners on it for recreational purposes?
90%
3 major parts of the horse industry
production
marketing for sport & recreation
businesses that provide services to other 2 section
largest sector of the horse industry in the US
sport & recreation
what were the largest numbers of equine used for in the 2012 KY Equine Report
trail riding or pleasure
according to the 2012 Equine Report how many horses are in KY
242,400
what breed is there the most of in KY
thoroughbred
top ag commodity in KY in 2006
horses & mules
top ag commodity in US in 2011
all poultry
what livestock in KY gained value from 2009 to 2011?
hogs, horses, dairy products, calves
what Ky county has the largest equine inventory?
Fayette
The value of all equine related assets in KY was ____.
$23.4 billion
USDA only counts horses on farms that make at least ____ per year
$1,000
geographic concentration of firms and institutions whose activities are interconnected and interdependent within a particle economic sector
economic cluster
3 reasons for the death of an economic cluster
- emergence of a new competing cluster elsewhere
- transition to other uses of the land
- government regulations that restrict adaptability and flexibility of businesses in the cluster
