Structure of the Illinois Food Economy

Structure of the Illinois Food Economy

Author: Randall E. Westgren

Publisher: Forgotten Books

Published: 2017-11-04

Total Pages: 146

ISBN-13: 9780266116523

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Excerpt from Structure of the Illinois Food Economy: Resource Issues The food economy of the State of Illinois is a complex system of markets for producing, processing, and distributing food products. The food economy is best described as an open system, where inputs to production, processing, and distribution are imported from outside the state and from other sectors of the economy. Outputs from the food economy can also leave the Open system as shipments to other states or countries, or as inputs into other sectors of the economy. Finally, the system is Open in nature because there are external controls such as regulation, monetary and fiscal policy, and other legal constraints to activity in the agricultural sector. Figure l is a simple schematic of the Illinois food economy. It describes the activities that occur within the state in producing agricultural commodities, processing commodities into foodstuffs, and distributing foods to Illinois consumers. Points of import into, and export from, this economy are shown. Supporting infrastructure, such as financial institutions, and external controls, such as food safety regulations, are noted. This abstract portrait of a highly complex economy will serve as a point of departure for this study. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.