Economic Systems in Agriculture - JSS1 Agricultural science Lesson Note

1. Subsistence Farming: Farmers produce mainly for their own consumption, with little surplus for the market. Common in traditional and less developed economies.

2. Commercial Farming: Agriculture is conducted primarily for sale in markets. Commercial farmers aim for profit and often use modern technologies and large-scale production methods.

3. Mixed Farming: A combination of subsistence and commercial farming, where farmers produce for both personal consumption and sale.

4. Corporate Farming: Large-scale agricultural operations run by corporations, often involving extensive mechanisation and a focus on profit maximisation.