The U.S. is a leader in agriculture and food globally. In the last 150 years, technologies and innovations in the production, transportation, and retailing of food have developed economic growth at home and provided affordable food to the of people of the world.
Globalization has developed agricultural production and resulted it in growing much faster compared to the ones in the past.
Before the fast growth was around over 3 percent per year. Now at this time, it is 4 to 6 percent.
However, these increased rates of growth involve a particular change in its composition.
Thus, it can be concluded that globalization helped billions of people to overcome extreme poverty and improved their lives.
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