Myth

Food Costs Too Much

Fact

In some parts of the world, this is definitely true. It not only costs too much but is unavailable to many people. But in the United States, we have one of the most abundant and affordable food supplies in the world. In 2011, the share of final household consumption on food in the U.S. was 6.7 percent The percentage in Switzerland was 10.2%, in Japan, it was 14%. China checks in at 21.3%, in Cameroon, it is 46.9%, and in India the cost of food is 51% of the household budget. (Source: Economic Resource Service, USDA).

Topic

Food Cost

Label

Myth

URL

http://kissmytractor.blogspot.com/2013/04/top-10-agriculture-myths.html