Food processing plants are adding value to bulk and intermediate products to sell overseas. The Asian Pacific Rim economies constituted the largest market for consumer food products in 1993. This shift toward consumer food imports in this area is due to more women working outside the home, the internationalization of populations, and dramatic…

This issue uses tomato processing to illustrate the new directions and opportunities available in the food market. Comparative advantage and economies of scale are discussed in relation to markets. Forecasting success in the market is attributed to studying consumer consumption trends by type and monitoring standards of living in 32 newly…

The various aspects of community development are discussed including place, population, socio-cultural organizations, economic structure, and political structure. Ideas for bringing new money into the community are presented. Suggestions for building an economic plan are given along with a success story of one community's efforts. The booklet…

The booklet describes the STAGES (Swine Testing and Genetic Evaluation System) program developed at Purdue University (Indiana), along with the USDA, National Pork Producers Council and swine breed associations. By selecting breeding stock from a coded catalogue developed by STAGES, producers are able to select the best breeding stock for more…

The steps for strategic market planning are discussed including: (1) assessing the situation with market conditions, customers, competitors, and your firm; and (2) crafting a strategy to prioritize target markets, develop a core strategy, and create a marketing mix. Examples of agribusiness successes are presented. The booklet concludes with a…

This issue focuses on the costs of keeping up appearances by landscaping the environment. Although insects can be a threat to plant health, much of the injury they cause will only threaten plant appearance. The study comes from a survey of two groups, landscape specialists and homeowners, who were asked to identify which plants in a photograph…

This issue focuses on how U.S. trade policies must recognize the interdependent nature of trade partnerships. Economic concepts related to world trade are explained. The booklet contends that the United States cannot have a comparative advantage in producing all goods and that by offering consumers low-priced imports from overseas the United…

This issue focuses on commodities trading as an essential economic tool. Activities include critical thinking about marketing decisions and discussion on how futures markets and options are used as important economic tools. Discussion questions and a special student project are included. (EH)

This booklet focuses on the economic concept of "value added" to goods and services. A student activity worksheet illustrates how the steps involved in processing food are examples of the concept of value added. The booklet further links food processing to the idea of value added to the Gross National Product (GNP). Discussion questions,…

The analysis of public goods is presented with a discussion of the rules for fertilizer and pesticide storage units in Indiana. A basic rule summary is presented with descriptions of the types of dikes that might be considered for containment. Estimated costs are projected along with the number of contained liquid fertilizer spills by size in…

The economics of the decision to go to college or obtain technical training is discussed in this booklet. To stay competitive in the job market requires constant educational updating. The following questions are discussed: (1) how income inequality is measured; (2) how income is distributed in the United States; (3) why income inequality is…

Analysis of the world market and trade deficits and surpluses are used to examine global economics. The GATT (General Agreement on Tariffs and Trade) is discussed and presented with the various perspectives on the agreement. A forecast for economics of the '90s and a quiz are included. (EH)

Comparisons of average food prices and hourly wages based on 40-hours work week in various capital cities of the world are presented. Such factors as mechanization, chemicals, and improved genetics have resulted in greater productivity, fewer but larger farms, and hardier plants and animals. The economic effects are discussed as they are felt by…