Livestock Economics

Animal-rearing has its orIgms in the transition of societies to settled farming communities rather than hunter-gatherer lifestyles. Animals are domesticated when their breeding and living conditions are controlled by humans. Over time, the collective behaviour, life cycle, and physiology of livestock have changed radically. Livestock production has played a key role in the development of human civilisation. Development of animal-rearing techniques has steadily increased the productivity. A
remarkable shift in livestock production practices has occurred over the past century in response to new technologies. Many governments have subsidised livestock sector to ensure an adequate food supply



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