IPA: //ˈæɡrɪˌbɪznəs//
KK: /ˈæɡrəˌbɪznəs/
A large-scale business that involves farming, including growing crops, raising animals, and producing, processing, and distributing agricultural products.
The agribusiness sector plays a crucial role in the economy by providing food and resources.
Agribusiness is formed from "agri-" (from Latin "ager", meaning field or land) and "business" (from Old French "businesse", meaning activity or occupation). The term refers to the business activities related to agriculture and farming.
Think of 'field' ('agri-') where farming activities take place, and 'business' as the activities involved — agribusiness is all about the business of farming.