Economics
Socioeconomic aspects of sustainability are also partly understood. Regarding less concentrated farming, the best known analysis is Netting's study on smallholder systems through history. The Oxford Sustainable Group defines sustainability in this context in a much broader form, considering effect on all stakeholders in a 360 degree approach
Given the finite supply of natural resources at any specific cost and location, agriculture that is inefficient or damaging to needed resources may eventually exhaust the available resources or the ability to afford and acquire them. It may also generate negative externality, such as pollution as well as financial and production costs.
The way that crops are sold must be accounted for in the sustainability equation. Food sold locally does not require additional energy for transportation (including consumers). Food sold at a remote location, whether at a farmers' market or the supermarket, incurs a different set of energy cost for materials, labour, and transport.
Read more about this topic: Sustainable Agriculture
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