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The Food Industry : America Has One Of The Highest Obesity Rates

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Food Industry Nasir Cisse Monroe College Abstract America has one of the highest obesity rates. This term paper will focus on the manufacturing producing a variety of different foods. Food is a major aspect of life because it is the dependable variable with the quality of human life. There are different kinds of food with some being healthy and some being poor to the quality of life. Proving the best food for human life will ensure better quality of life, therefore home cooked meals is more preferred than fast foods. The main idea of this paper is to understand how important are the daily food consumed by an individual especially when it is horrible brands and suppliers. The better foods and brands supplied the better quality …show more content…

The low income areas earn enough to shop at the local areas. In neighborhoods that are very poor the stores and food suppliers are very poor. The healthier folks are not found in the poor neighborhoods with better quality of supply of foods in the area. Income plays a factor and varies what you have access to as a consumer. The nature of the food industry is to offer similar products from different companies. The characteristic of the food industry consists of similar companies with different size, concentration ratio, market conditions, and technology. All of these characteristics make up the companies conduct, performance, and structure. The food industry is driven from conduct, performance, and structure. The concept of a market structure is characteristics of a market that influence the behavior and results of the firms working in that market. The structure of food industry has many different markets from both sellers and buyers. The different food companies’ market structure allows the market to set prices. The different products entering and exiting from the market is controlled by the industry. The structure of the food industry will be decided through technology and the actual products. The structure is made of and depends on demand, supply, different products, and new products entering the market. The conduct aspect includes both buyers and sellers as well. The different food stores have their own strategies,

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