Agricultural Policy

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  • A set of laws and policies established to regulate domestic agriculture and imports of foreign agricultural products. Practices are commonly adopted to control price stability, supply level, product quality, and farm productivity and to deal with employment, land use, and food surplus. Such policies are also implemented to create a safety net in unexpectedly severe economic conditions and to slow the depopulation of rural areas.

    While each country has its own ever-changing policies as it adapts to technological advances in the production of agriculture and to environmental challenges, generally speaking, there are two main methods of subsidizing agriculture. One method is to increase farmers' incomes should they fall below a level specified as acceptable. Often, farmers are required to set aside some of their land in ...

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