Explain the economic impact of agriculture and forest industries on Virginia’s economy.
Explanation should include
- job creation
- share of gross domestic product (GDP)
- major commodities
- the multiplier effect.
Teacher Resource:
The Economic Impact of Virginia’s Agriculture and Forest Industries Links to an external site., Weldon Cooper Center for Public Service, University of Virginia (https://www.vdacs.virginia.gov/pdf/weldoncooper2017.pdf)
Process/Skill Questions:
- What is the definition of the multiplier effect?
- What are Virginia’s top commodity and market items?