What do we call a large-scale farming business that operates to maximize profits?

Prepare for the SQA National 5 Geography Exam with engaging multiple-choice questions and flashcards. Each question includes helpful hints and explanations to enhance your understanding. Ace your exam with confidence!

A large-scale farming business that operates to maximize profits is referred to as agribusiness. Agribusiness encompasses not just the farming aspect but also the entire supply chain involved in agricultural production, including processing, distribution, and retail. This term is used to indicate that these enterprises function like any other business, often prioritizing efficiency, productivity, and profit margins.

Cooperative farming involves groups of farmers coming together to collectively manage and operate their farms, which focuses more on shared resources and community benefits rather than solely on profit maximization. Organic farming emphasizes environmentally friendly practices and often caters to a niche market rather than large-scale profit generation. Sustainable agriculture aims to create systems that maintain productivity without compromising the environment but may not necessarily focus on maximizing profits like agribusiness does.

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