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Author Topic: Agriculture vs oil  (Read 2172 times)
arimamib
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November 16, 2023, 04:00:14 PM
 #161

Both oil and agriculture are essential to a strong economy and both are equally important but if we talk about more economic growth then oil plays a vital role. Oil is the largest source of the country's total energy supply. No matter what is going on throughout the world but oil is always on demand replacing oil is almost impossible. Replacing oil is far away, for meanwhile there are no alternatives of oil. A country where, there are no any other income source but oil is there they are on the top most richest county for example we can see the example of United States, Saudi Arabia etc
Yes, I agree with you, indeed oil is a consumption that cannot be avoided by all countries, and is the largest source of income for oil producing countries. The agricultural sector also has a big influence on the population of the country. If a country like you mentioned is Saudi Arabia, it is quite a barren country, but there are many new advanced technologies nowadays in producing or producing agricultural products such as fruit and wheat.


we know that oil is a resource that is becoming increasingly expensive which provides a significant impact on oil-producing countries, because they rely on oil exports for their income. if the fuel prices rise, these countries may experience the difficulty to maintain their current standard of living. this proves that the influence of agricultural sector is extremely important for the living of population of the world which means that agriculture is irreplaceable in the economic growth for the majority of countries in the world, because food is also an energy for human. this is the reason for governments to realize the essential of finding sustainable ways to meet the energy and food needs of the world's growing population. This is why renewable energy sources has become the biggest issue in the world right now.

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November 16, 2023, 04:37:00 PM
 #162

I think both because one can't maintain world economy. Because every country don't have agriculture or oil. You can see Bangladesh is agriculture country beside you can see Saudi Arabia which can give oil. Both country depends on both for agriculture for feeding in Bangladesh depend for oil on Saudi Arabia. Agriculture and oil both because both are depend on other country for that that's why I will go for both.
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November 16, 2023, 05:41:03 PM
 #163

~snip.
Now that you have said this, this made me think. Actually you are right. If the people in charge of the system aren't capable enough to use it to their advantage and let other country influence the system in order to take advantage, then it is no good for that country. And the thing about war and all, it may not be considered as an advantage. Instead, it could be a curse for those people.

But when you have the ability and assets to mine that oil, then it is really an advantage. When it comes to this point, then The government of that country should focus on both agriculture and oil. When you have the opportunity in your hand it is foolish just to give it away. If the people who are in charge can utilize it in the best way then it is sure going to help the economy grow faster.
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November 16, 2023, 05:50:16 PM
 #164

Oil is free money, just looked at the big oil producing countries how successful they are, apart from those nations where corruption is very high, most of the citizens of these countries have good standard of living than countries that their economies are based on Agriculture. If not for Oil, do you think Russia would be able to occupy Ukraine and be able to fund their war against Ukraine when United States and Europe are funding Ukraine, the answer is No, until there is a real substitute to Oil, and it becomes irrelevant it remains sure cash cow

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November 16, 2023, 09:31:06 PM
 #165

I think there are countries in the world that doing well without oil. And those countries are more peaceful than the countries that have oil. Oil is not developing the places which it is discovered but develop the places are far from the oil terrain. But those places have the oil survive from the negligence agriculture. So in normal sense. Agriculture is for the poor while oil is the rich.

Those who are rich are not interested in the Agriculture but interested only in the oil while the poor since they could not benefit from the oil they went to farm and survive from there. And agriculture is the best among all.









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November 17, 2023, 05:54:31 AM
 #166

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?


In my opinion, oil is still number 1 because the amount exported from there is very large, like Russia and other oil producing countries, we can see their income from that sector, although the agricultural sector is also important, but if you look at it in terms of a country's strength then oil is which determine.

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November 17, 2023, 01:34:19 PM
 #167

In my opinion, oil is still number 1 because the amount exported from there is very large, like Russia and other oil producing countries, we can see their income from that sector, although the agricultural sector is also important, but if you look at it in terms of a country's strength then oil is which determine.
This might be because oil is quite limited, while agriculture can be done by many countries. As long as many machines still rely on oil as fuel, this industry will thrive until the transition period arrives. Yes... the era of EVs becoming mainstream and people moving away from high pollution engines is when the oil world will undergo a change.

I see, in the short term, oil does promise significant profits. This aligns with the high demand for oil in every country's needs. Meanwhile, for the long term, agriculture is the best bet. We all need rice and vegetables every day, and the agriculture industry can be sustainable as long as there is fertile land and water.
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November 17, 2023, 02:59:07 PM
 #168

The new world is one that is fueled by oil and that’s why, you find nations amongst the oil producing states numbering as some of the richest in the world should it’s government not be rocked by corruption.
As the human population grows, so is the need for more produce to be able to feed the populace and the rate of turn over for agriculture takes time. Fine, we’ve got genetic engineering to cut across the timing by engineering useful traits but, it’s overly not enough to bring about the turn over you could get from oil.

When it comes to economic growth. I think oil accounts more than any agro based sector could. Even agriculture can’t completely function and be more productive without oil. Oil fuels the energy that is needed to run the sector.

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November 17, 2023, 04:40:16 PM
 #169

The new world is one that is fueled by oil and that’s why, you find nations amongst the oil producing states numbering as some of the richest in the world should it’s government not be rocked by corruption.
As the human population grows, so is the need for more produce to be able to feed the populace and the rate of turn over for agriculture takes time. Fine, we’ve got genetic engineering to cut across the timing by engineering useful traits but, it’s overly not enough to bring about the turn over you could get from oil.

When it comes to economic growth. I think oil accounts more than any agro based sector could. Even agriculture can’t completely function and be more productive without oil. Oil fuels the energy that is needed to run the sector.
    The two resources are essential for a country's economic growth and they just can't be weighed as one being better than the other. There are so many reasons as to why these two reasons are essential and when argued on, they just can't be judged completely. Agriculture is essential because without it being maximized, the country will just be left to nothing to feed on. A country should invest in agriculture because against all odds, it'll create the least job opportunity for the citizens. It'll aid in crop production for export to other countries too. Agriculture is more like the basic life line in every country and shouldn't be looked down on.
    Oil on the other hand is very much essential because it yields greater revenue than any other resource of a country. When you see United Arab Emirates having a buoyant economy and even with the depreciating occurrences in other economies, they're still able to stand out to generate and expand their revenue sources, then it's all because of how well they've been able to work on their oil exploration and they've made a means to maximize their oil production. Nigeria is blessed with these two essential resources but what we're lacking is a proper hand to handling these resources without corruption or greed. If we're able to conquer selfishness and we work together to building right the country using what we have, then no doubt, we'd be able to overcoming so many setbacks the economy will throw at us.
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November 17, 2023, 06:41:33 PM
 #170

The modern world, yes, still depends on hydrocarbons, and primarily oil. Gas is a more accessible resource than oil, and more widespread. Oil is a resource more concentrated in "a few hands".  And as you can see, oil has now become a tool of influence, coercion and manipulation, both in the world economy and world politics. that is why developed countries realize that this resource must be replaced. Yes, replacing the main type of raw materials in the world economy is not a simple, long and complicated process. Moreover, the closer to the reduction of available resources (available deposits), the more often oil will be used as a tool of pressure. However, there are some good nuances here:
- There is no monopolization of production sources in the hands of one group, with anti-human concepts. The US is already increasing production and reserves, Venezuela has accepted the US offer and will be entering the world market. Saudi Arabia has also spit on OPEC and is increasing production. Which means - we can expect the market to stabilize.
- The new terrorist war unleashed in the Middle East by terrorist groups, which had as one of its goals the destabilization of the region and, accordingly, a negative impact on the oil market, fortunately failed, which means that there is a high probability of additional stabilization of this market.
- Now ALL alternative energy technologies are being actively developed in the world. From renewable sources (wind, sun, waves,...) to controlled cold nuclear fusion. And as a product for the masses - it is a matter of 10-20 years. That will be just enough time to get rid of oil monopoly. Yes, oil will be used to produce plastics, but as the only fuel for transportation, for example, oil will lose its position very strongly.
 
But let's get back to the agricultural sector ! If you replace the source of energy with hydrocarbon energy, you can. I don't see any alternatives for mass production of food. Yes, I know I'm already "growing" artificial meat. And perhaps this technology will someday occupy its niche on the world market, but... Food was, is and will remain the last demanded product on earth.  The agricultural sector will be the leader here for many decades, if not centuries. And this limitation is not so much technological as physiological. This is the way the human organism, nature, and the outcome of evolutionary changes are organized.

Therefore, agro and alternative technologies of energy production are definitely tipping the scales on their side.

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November 17, 2023, 07:40:20 PM
 #171

Oil is free money, just looked at the big oil producing countries how successful they are, apart from those nations where corruption is very high, most of the citizens of these countries have good standard of living than countries that their economies are based on Agriculture. If not for Oil, do you think Russia would be able to occupy Ukraine and be able to fund their war against Ukraine when United States and Europe are funding Ukraine, the answer is No, until there is a real substitute to Oil, and it becomes irrelevant it remains sure cash cow

Currently, petroleum has become a very important role for the survival of human life, because oil is a source of energy. So that they, oil producing countries, really benefit and to date, demand for fossil fuels continues to increase. And indeed, when compared with countries that only rely on agriculture, the standard of living of the people is very different. However, despite this, food is still the world's main need compared to oil. because what guarantees the continuity of human life is the availability of food.

In my opinion, it is possible that Russia will be able to occupy Ukraine, because from my perspective, I see that currently America is more focused on the upheaval of the conflict taking place in the Middle East. And Ukraine is not more important than the Middle East, because so far the countries in the Middle East have accounted for America's oil supplies and needs.

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November 17, 2023, 08:02:37 PM
 #172

USA is large enough in its oil production to join OPEC if they wanted.  Its also true their consumption is massive but in resources they have more then enough, half a century forward if required.   Venezuela has the largest reserves in the world but not the efficiency to extract and refine it profitably.   Its part of a market and export vs import, some times its easier to buy production from abroad but I have no doubt USA has any lack of oil.
   Same reasoning I would apply to Russia benefiting from occupying Ukraine.   Disregarding any law or morals to their actions, there is little sense from any perspective.  Russia wont benefit from this war, at the very best they eliminate a competitor in some way but the world has plenty more waiting.
   The usable land mass of Russia is expanding massively every year, not by invasion of others but their own land sealed in permafrost is becoming available which means even more oil and gas.   Yet like Venezuela's fate they lack the people, the sophisticated industry and efficiency to profit.   War will not profit them or anyone else, the only strategy was to hurt others more then themselves and even this is questionable.

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November 18, 2023, 01:14:23 AM
 #173

This actually hits very close to home in my case actually. I was born in Venezuela.
During many decades and even up to a century, we used to be a country which managed to survive in the international markets thanks to agriculture and some mining, but mostly agriculture or some very appreciated crops: coffee, cocoa, bananas, etc. Since we discovered we had a lot of oil we started to move from being a food producing country to being one which almost completely depended in food importations from neighbor countries both processed food and also vegetables and fruits of several sorts.
Nobody cared about it, because the price of oil was high and we could afford to buy all that food abroad, but the black swam scenario happened and oil prices dumped very badly, starting a time or scarce food, which was inimaginable in the times we produced all the food we needed.
So that is a big lesson to keep in mind to anyone who wants to know and hold some basic concept of macroeconomics. Never underestimate de importance of agriculture for the development and survival or any country, regardless of the size of it.

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November 18, 2023, 10:40:22 AM
 #174

In my opinion, oil is still number 1 because the amount exported from there is very large, like Russia and other oil producing countries, we can see their income from that sector, although the agricultural sector is also important, but if you look at it in terms of a country's strength then oil is which determine.
This might be because oil is quite limited, while agriculture can be done by many countries. As long as many machines still rely on oil as fuel, this industry will thrive until the transition period arrives. Yes... the era of EVs becoming mainstream and people moving away from high pollution engines is when the oil world will undergo a change.

I see, in the short term, oil does promise significant profits. This aligns with the high demand for oil in every country's needs. Meanwhile, for the long term, agriculture is the best bet. We all need rice and vegetables every day, and the agriculture industry can be sustainable as long as there is fertile land and water.



and to carry all agricultural products to various regions and other countries requires fuel, that is what is always used, essentially oil is still used, unless major changes occur.

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November 18, 2023, 10:53:11 AM
 #175

I think both because one can't maintain world economy. Because every country don't have agriculture or oil. You can see Bangladesh is agriculture country beside you can see Saudi Arabia which can give oil. Both country depends on both for agriculture for feeding in Bangladesh depend for oil on Saudi Arabia.
Both are important and we don't have food if we don't have agricultural products and we can't cook foods and generate the agricultural lands if we don't have oil.

Agriculture and oil both because both are depend on other country for that that's why I will go for both.
Most middle eastern countries are dependent on their oil as their main source for their industry and economy. While in other parts of the world, they're for the agriculture so it's a tie for every country has their own main niche and products that they're dependent.



 

 

 

 

 

 


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November 18, 2023, 10:54:55 AM
 #176

I think both because one can't maintain world economy. Because every country don't have agriculture or oil. You can see Bangladesh is agriculture country beside you can see Saudi Arabia which can give oil. Both country depends on both for agriculture for feeding in Bangladesh depend for oil on Saudi Arabia. Agriculture and oil both because both are depend on other country for that that's why I will go for both.
I also think that choosing both of them is not wrong because basically these two things have become things that are really needed by everyone in every country. So ignoring one of them will have a bad effect on other sectors so that both must be equally maintained by each country and also well maintained by each country for the welfare and prosperity of its respective people. Moreover, now everyone can clearly see examples in various other countries that have oil and also have agriculture or one of the two.

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November 18, 2023, 11:03:04 AM
 #177

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.
Oil is a mineral and it is not available in every country because of which the country that has it can export a lot of oil and because of that the economy of that country grows a lot. And this is a normal thing

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But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .
If one can properly invest and maintain the agriculture sector, a lot of good can be done there. And if it spreads widely in a country, then that country grows economically from the agricultural sector as well. Because the price of food products is increasing day by day and every country has more or less food shortage. So the country which is making good profit in agriculture sector can go ahead economically even by exporting food products

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No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.
Yes not only oil runs a country but food is most important to run a country. Because food keeps our lives alive, so of course, because of this, one country always maintains good relations with another country. to import and export anything as needed

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Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?
I think food is the most important thing because without food life cannot survive but without oil at least it is possible to survive.  But oil also has a huge role so both are very important neither of them can be denied from the important list

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November 18, 2023, 12:04:00 PM
 #178

I think both because one can't maintain world economy. Because every country don't have agriculture or oil. You can see Bangladesh is agriculture country beside you can see Saudi Arabia which can give oil. Both country depends on both for agriculture for feeding in Bangladesh depend for oil on Saudi Arabia. Agriculture and oil both because both are depend on other country for that that's why I will go for both.
I also think that choosing both of them is not wrong because basically these two things have become things that are really needed by everyone in every country. So ignoring one of them will have a bad effect on other sectors so that both must be equally maintained by each country and also well maintained by each country for the welfare and prosperity of its respective people. Moreover, now everyone can clearly see examples in various other countries that have oil and also have agriculture or one of the two.
Do you think any country can survive without oil or agriculture sector?  The agricultural sector also needs oil because transport requires cars and oil is needed to drive cars.  There are thousands of aspects for which oil is very important.  On the other hand, without agricultural fields, there will be no food production and no animal can live without food.  So definitely both are very important and mandatory.  But if only one has to be picked then agriculture sector should be given a little more priority as it helps save lives.  And almost every country in the world has an agricultural sector and it also helps the country to boost its economy



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November 18, 2023, 12:53:34 PM
 #179



Do you think any country can survive without oil or agriculture sector?  The agricultural sector also needs oil because transport requires cars and oil is needed to drive cars.  There are thousands of aspects for which oil is very important.  On the other hand, without agricultural fields, there will be no food production and no animal can live without food.  So definitely both are very important and mandatory.  But if only one has to be picked then agriculture sector should be given a little more priority as it helps save lives.  And almost every country in the world has an agricultural sector and it also helps the country to boost its economy


I think both are important, but the more important point from op's question is that a country's strength is measured by oil or agriculture, I think oil, because that is what determines whether a country is strong or not.
The reason is that oil can be used during war, although agriculture is no less important, all countries can plant, but not all countries have oil resources.
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November 18, 2023, 01:07:32 PM
 #180

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Let me generalize, the agricultural sector can reduce dependence on imports and achieve food security and continue to contribute foreign exchange to the country if wise management of natural resources can be the key to long-term success. Don't be overly dependent. For oil, it is not much different, the only thing that needs to be taken care of is the environmental impact that will arise in the future by establishing strict environmental regulations and if something is violated, don't hesitate to provide a deterrent effect, for example, withdraw the permit.

For me, it is possible that the two exist and can be compared if you ask why because it is also part of the economic resilience of a country so that it creates social welfare in the end.

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