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What is Food Demand and Supply?

Assalamualaikum and hi everyone! For this entry,i will talk about what i have learned last week which is food demand and supply. Alright,in this food demand and supply,we learned about food security and food scarcity. Food security includes both physical and economic accesss to food that meets people's dietary needs as well as their food preferences while food scarcity are refer to decrease future food availability or supply.

Ouh sebelum terlupa,demand is the desire to purchase,the quantity of goods that buyers will take at a particular price. Supply is the quantity of a commodity that is in the market and available for purchase or that is available for purchase at a particular price. In this demand and supply,we will learned about what if demand exceed supply and what if supply exceed demand? When demand exceed supply,the price will increase,and kita akan susah nak dapatkan raw material but bila supply exceed demand,the price will decrease,dan stock akan berlebihan.

Okay,about food security,Dr. Fareed had mention that in Africa,there is a lot of food security.For example in Jamaica,farming are important for them in which they will grow what they eat,and eat what they grow. For food scarcity,the word scarcity itself defined as kekurangan. Kekurangan makanan maybe? hehehehe. Alright antara faktor2 yg menyebabkan food scarcity are limited land availability,climate change,natural disasters,income growth,rising cost of food and banyak lagi.

I think thats all for this post,see you on the next entry!!

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