ANS 1 - Unit 3 Test Review

Front

What is the economic impact of the companion animal industry in the US?

Back

It impacts the economy by over $200 billion annually.

Front

What fraction of households in the US own at least one pet?

Back

2/3 (67%)

Front

What is the term for when larger farms acquire land that formerly belonged to smaller ones?

Back

Consolidation

Front

What is the term for the conversion of agricultural land to commercial and residential development?

Back

Urbanization

Front

Which sector of the food animal industry is the most economically significant in the US?

Back

Beef

Front

Define 'Consolidation' in the context of agriculture.

Back

Consolidation refers to the process where larger farms acquire land from smaller farms, leading to fewer but larger agricultural operations.

Front

What is 'Urbanization' in relation to agricultural land?

Back

Urbanization is the process where agricultural land is converted for commercial and residential use, reducing the amount of land available for farming.

Front

What percentage of US households do not own pets?

Back

Approximately 33% (1/3) of households do not own pets.

Front

Explain the significance of the companion animal industry in the US economy.

Back

The companion animal industry contributes significantly to the economy, with expenditures on pet care, food, and services exceeding $200 billion annually.

Front

What are the main factors driving the consolidation of farms?

Back

Factors include economic pressures, the need for efficiency, and the pursuit of larger market shares.