The wool is describe as the 'Cash Crop' of Australia. Give reason.
(Don't give the wrong answer)
Answers
Answer:
Although Australia is the driest nation in the world, with most of the country being arid, the nation is a major agricultural producer and exporter, with over 325,300 employed in agriculture, forestry and fishing as of February 2015.[1] Agriculture and its closely related sectors earn $155 billion-a-year for a 12% share of GDP. Farmers and grazers own 135,997 farms, covering 61% of Australia's landmass.[2] Across the country there is a mix of irrigation and dry-land farming. Australia leads the world with 35 million hectares certified organic, which is 8.8% of Australia's agricultural land[3] and Australia now accounts for more than half (51%) of the world's certified organic agriculture hectares.[4] The success of Australia to become a major agricultural power despite the odds is facilitated by its policies of long-term visions and promotion of agricultural reforms that greatly increased the country's agricultural industry.[
Answer:
cash crop or profit crop is an agricultural crop which is grown to sell for profit. It is typically purchased by parties separate from a farm. The term is used to differentiate marketed crops from subsistence crops, which are those fed to the producer's own livestock or grown as food for the producer's family. In earlier times cash crops were usually only a small (but vital) part of a farm's total yield, while today, especially in developed countries and among smallholders almost all crops are mainly grown for revenue.
Explanation: