1
AGEC 325 exam 1 Questions with Answers (100%
Correct Answers)
Policy Answer: the guiding principle leading to a specific program or
course of action that is pursued by the government
policy position Answer: articulates a position or viewpoint as to what
the government's role ought to be with respect to a particular problem
or set of circumstances
policy position influenced by Answer: facts, values, beliefs, goals
Agrarianism Answer: is the social/political philosophy posing that
agriculture is the primary occupation of mankind, rural life is morally
superior to urban life, and a nation of small independent farmers is the
proper basis for a democratic society
Government involvement in agriculture has traditionally been justified
by: Answer: Low farm income.
The need to stabilize prices and farm incomes.
The importance of supporting an adequate supply of food.
© 2025 All rights reserved
, 2
The safety of the food supply.
Protecting the capacity of agriculture to produce for future
generations.
The underlying rationales that explain government involvement
Answer: Externalities
Market failures
Policies change due to Answer: Economic Issues
Instability
Globalization
Technology
Agricultural and natural resource issues
Politics
Social Movements
"The Unknown"
Agricultural and natural resource issues Answer: Food safety concerns
© 2025 All rights reserved
AGEC 325 exam 1 Questions with Answers (100%
Correct Answers)
Policy Answer: the guiding principle leading to a specific program or
course of action that is pursued by the government
policy position Answer: articulates a position or viewpoint as to what
the government's role ought to be with respect to a particular problem
or set of circumstances
policy position influenced by Answer: facts, values, beliefs, goals
Agrarianism Answer: is the social/political philosophy posing that
agriculture is the primary occupation of mankind, rural life is morally
superior to urban life, and a nation of small independent farmers is the
proper basis for a democratic society
Government involvement in agriculture has traditionally been justified
by: Answer: Low farm income.
The need to stabilize prices and farm incomes.
The importance of supporting an adequate supply of food.
© 2025 All rights reserved
, 2
The safety of the food supply.
Protecting the capacity of agriculture to produce for future
generations.
The underlying rationales that explain government involvement
Answer: Externalities
Market failures
Policies change due to Answer: Economic Issues
Instability
Globalization
Technology
Agricultural and natural resource issues
Politics
Social Movements
"The Unknown"
Agricultural and natural resource issues Answer: Food safety concerns
© 2025 All rights reserved
