1
AGEC 101 EXAM 1 UWRF / ACTUAL QUESTIONS AND
CORRECT ANSWERS 2025/2026 GRADED A+ LATEST
UPDATE
What are the six parts of the global agri-food system? - (answers)Food
distributors, food manufacturers, commodity processors, producers, input
suppliers and food retailers
Which of the following is an example of a commodity?
A. Pasta
B. Flour
C. Bread
D. Wheat - (answers)D. Wheat
T/F The study of agriculture only pertains to farm activities - (answers)False
T/F Farm Labor accounts for 1% of the nations GDP - (answers)True
The number of farms in the U.S has been increasing over the last century. -
(answers)False
T/F The average size of farms has been decreasing in the last century. -
(answers)False
The majority of farms in the U.S: - (answers)Earn less than $350,000 in sales
AGEC 101 EXAM 1 UWRF / ACTUAL QUESTIONS AND
CORRECT ANSWERS 2025/2026 GRADED A+ LATEST
UPDATE
What are the six parts of the global agri-food system? - (answers)Food
distributors, food manufacturers, commodity processors, producers, input
suppliers and food retailers
Which of the following is an example of a commodity?
A. Pasta
B. Flour
C. Bread
D. Wheat - (answers)D. Wheat
T/F The study of agriculture only pertains to farm activities - (answers)False
T/F Farm Labor accounts for 1% of the nations GDP - (answers)True
The number of farms in the U.S has been increasing over the last century. -
(answers)False
T/F The average size of farms has been decreasing in the last century. -
(answers)False
The majority of farms in the U.S: - (answers)Earn less than $350,000 in sales
