The reason for the long-run decline of the agricultural industry is that the

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The long-run decline of the agricultural industry can be attributed to the fact that increases in the supply of farm products have exceeded the increases in demand for farm products. This excess supply has led to lower prices and lower profits for farmers, causing many to leave the industry. Additionally, advances in technology and improvements in agricultural practices have allowed for greater efficiency, resulting in fewer workers needed to produce the same amount of goods.

The Reason for the Long-Run Decline of the Agricultural Industry