An Analysis of Agriculture's Impact on Utah's Economy Using an Input -Output Modeling Approach
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Any developed economy, whether national, regional, or local, is characterized by a high degree of interdependence among producing sectors. As examples, agriculture requires steel from the mineral sector, fuel from the petroleum sector, and numerous other inputs from other sectors. Likewise, outputs from the agricultural sector are used in the product; on processes of many other industries. Each economic sector is not only a producer of goods and services but also a consumer, purchasing goods and services for use invarious production processes.