Agrarian Economy

An agrarian economy is one primarily based on agriculture and the cultivation of land. In such an economy, the majority of people are involved in farming activities like growing crops or raising livestock. It relies heavily on natural resources, such as soil, water, and climate, to produce food and raw materials. Historically common before industrialization, these economies focus on subsistence farming or small-scale production, with less emphasis on manufacturing or services. While still vital in many regions, agrarian economies often face challenges like limited industrial development, economic vulnerability to weather and market fluctuations, and the need for sustainable land management.