A single cash crop refers to a dominant agricultural product that is grown and sold in large quantities for profit.
Related terms
Plantation System: The plantation system was an agricultural system used in the South where large farms called plantations were established to cultivate cash crops using slave labor.
Monoculture: Monoculture is the practice of growing only one type of crop over a vast area, which can lead to environmental issues and vulnerability to diseases or pests.
Market Economy: A market economy is an economic system where prices are determined by supply and demand, often influenced by factors such as competition and consumer preferences.