Growth and inflation – role of agribusiness Before discussing the role of agribusiness in growth and inflation, it would be apposite to define and understand the concept of agribusiness.
Way back in 1957, Davis and Goldberg 1 had defined agribusiness very lucidly as the sum total of all operations involved in the manufacture and distribution of farm supplies; production operations on the farm; and the storage, processing and distribution of farm commodities and items made from them.