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Definition
A luxury crop is a type of agricultural product grown mainly for export, which can fetch high prices on the international market due to its perceived quality or scarcity.
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Related terms
Cash Crop: A cash crop is any crop that is grown primarily for selling rather than being used by the farmer themselves (like cotton or tobacco). Your gourmet cookies could also be considered a cash crop since they're made primarily to sell at a profit.
Agricultural Revolution: This term refers to the significant changes in agricultural practices, such as mechanization or the use of genetically modified crops, that can increase efficiency and yield. It's like if you found a way to make your gourmet cookies faster or better.
Monoculture: This is the practice of growing a single crop or plant species over a wide area for many consecutive years. It's like if you only made chocolate chip truffle cookies and nothing else for your bake sale.