Farming is New Zealand’s most prevalent commerce, which may be the reason why it is recognized around the world. Livestock farming is the focal brand even though we can’t rule out horticulture since it is common as well. Agriculture has contributed significantly to the development of the financial economy of New Zealand. It has been the backbone of New Zealand’s economy for ages now and has stood out as being important in the following ways.
Everyone will simply starve without agriculture. Farming warrants a well-fed population, which is a basic need in human life. Besides providing food, it provides raw materials to its citizens and to non-agricultural divisions as well.
Large-scale farming in New Zealand has eventually created massive employment opportunities to its population. Specialization in both pastoral farming and horticulture without leaving out aquaculture requires a lot of manpower. Labour supply is not only required on the ground but also in the operation of machinery provided by technology. This has therefore significantly reduced the number of unemployment, especially to the youth who are yet to be established in other careers.
Contribution to National Economy
The economy of New Zealand is heavily dependent on its agricultural trade overseas. The dairy and meat supplies and exports have continued to make huge contributions to the economy. They have improved their agriculture and manufacturing productions to suit requirements of local and foreign markets.
Development of Infrustructure
Infrastructure has been a key element for commercial activity in New Zealand. Means of transport is key when it comes to transferring, especially perishable goods from one place to another. Therefore, New Zealand found the need to invest in improved transportation and refrigeration structures in order to ensure that farm produce and meat is transported to destinations in good time and avoids produce going bad.