This agricultural system is characterized by large-scale commercial agriculture, specializing in the production of one or a few high-demand crops for export. These operations typically occur in less developed countries, where land and labor are more affordable. Historically, these farms were tied to colonial economies, focusing on crops like coffee, sugarcane, bananas, and rubber. A modern example involves large estates in Central America growing bananas for international markets.
The significance of this farming type lies in its contribution to global commodity markets, generating revenue for both the producing countries and international corporations. However, this method can lead to environmental degradation, displacement of local populations, and economic dependency on a limited range of crops. Its historical context is rooted in colonialism and the exploitation of resources and labor, creating lasting socio-economic impacts.