Developed nation in the context of "Real versus nominal value (economics)"

Intensive agriculture, also known as intensive farming (as opposed to extensive farming), conventional, or industrial agriculture, is a type of agriculture, both of crop plants and of animals, with higher levels of input and output per unit of agricultural land area. It is characterized by a low fallow ratio, higher use of inputs such as capital, labour, agrochemicals and water, and higher crop yields per unit land area.

Most commercial agriculture is intensive in one or more ways. Forms that rely heavily on industrial methods are often called industrial agriculture, which is characterized by technologies designed to increase yield. Techniques include planting multiple crops per year, reducing the frequency of fallow years, improving cultivars, mechanised agriculture, controlled by increased and more detailed analysis of growing conditions, including weather, soil, water, weeds, and pests. Modern methods frequently involve increased use of non-biotic inputs, such as fertilizers, plant growth regulators, pesticides, and antibiotics for livestock. Intensive farms are widespread in developed nations and increasingly prevalent worldwide. Most of the meat, dairy products, eggs, fruits, and vegetables available in supermarkets are produced by such farms.

Industrial agriculture is a form of modern farming that refers to the industrialized production of crops and animals and animal products like eggs or milk. The methods of industrial agriculture include innovation in agricultural machinery and farming methods, genetic technology, techniques for achieving economies of scale in production, the creation of new markets for consumption, the application of patent protection to genetic information, and global trade. These methods are widespread in developed nations and increasingly prevalent worldwide. Most of the meat, dairy, eggs, fruits and vegetables available in supermarkets are produced in this way.

Intensive crop farming is a modern industrialized form of crop farming. Intensive crop farming's methods include innovation in agricultural machinery, farming methods, genetic engineering technology, techniques for achieving economies of scale in production, the creation of new markets for consumption, patent protection of genetic information, and global trade. These methods are widespread in developed nations.

The practice of industrial agriculture is a relatively recent development in the history of agriculture, and the result of scientific discoveries and technological advances. Innovations in agriculture beginning in the late 19th century generally parallel developments in mass production in other industries that characterized the latter part of the Industrial Revolution. The identification of nitrogen and phosphorus as critical factors in plant growth led to the manufacture of synthetic fertilizers, making more intensive uses of farmland for crop production possible.

In developed nations around the world, the lower middle class is a subdivision of the greater middle class. Universally, the term refers to the group of middle class households or individuals who have not attained the status of the middle or upper middle class associated with the higher realms of the middle class, hence the name.