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When Cash Crumbles: 5 Eye-Opening Stats on Economic Downfalls and Resource Scarcity
Economic collapses and the subsequent lack of resources can feel like stepping into a dystopian novel. It’s a situation that has affected countries and communities worldwide, leading to severe consequences for everyday life. From empty grocery shelves to skyrocketing unemployment rates, these scenarios offer a grim glimpse into what happens when an economy crumbles. Understanding these impacts…
Virginia is for lovers as Georgia is for farmers
As a student in an Applied Economics and Agricultural Studies program, (read here a degree that will lead to work as an economist in international development) I learned pretty quickly that "Ag", as its fondly called here in GA is a colossal piece to GA's economic puzzle. This article sums it up quite well, simply put GA is an agrarian economy. And though I am often reminded (particularly now as I am taking a statistical methods course) that stats can be very misleading, the following definitely authenticates what I've seen with my own eyes in the peach state:
U.S. Ranking of Georgia Farm Commodities*
Broilers, Peanuts, Pecans, Rye and Onions (Spring)
Cotton, Cucumbers (Fresh Market) and Snap Beans
Cantaloupes and Sweet Corn (Fresh Market)
* Value based on 2008 production; USDA NASS GA Field Office
Georgia's Top 10 Farm Commodities (2009)*
Broilers - $4.4 billion
Cotton - $712.6 million
Eggs - $572 million
Timber - $401.5 million
Peanuts - $401 million
Horses - $397.8 million
Beef Cattle - $356 million
Greenhouse - $263 million
Dairy - $243 million
Container Nursery - $210 million
Actually, after reviewing this, I'm tempted to call GA the peanut state or the broiler state instead, since in truth that's the money maker.
Though Ag is big in GA, organic farming is still trailing far far behind. And after a month of interning on UGA's organic farm I understand why. It makes a labor intensive job that much more laborious! Why? well per the UGA extension website:
Organic agriculture relies on "ecosystem management" to enrich the soil, manage pests and disease, and produce a healthy product, rather than turning to synthetic fertilizers and pesticides that may pollute the environment and prove to be unsustainable.
Though those "nasty" synthetic fertilizers and pesticides may pollute the environment and prove to be unsustainable or produce more resistant, evil weeds and bugs, they sure do greatly reduce the time and labor required for plant protection and pest management that goes into organic farming.
Ag is surely here to stay in GA, but I am not sure how well organic Ag will catch on if there's not enough legal, cheap and skilled labor to hire. I spent almost 3 hours the other day weeding plants and I'm still recuperating from that torturous undertaking! On the brighter side of things, I do take great pride in the work our team is doing. This past week, I got to sow a variety of green crisp and red lettuce along with some spinach in the greenhouse. We also transplanted some to our outdoor plots. They looked marvelous!
Check these little babies out:
