1Faculty of Economics, University of West Bohemia, Univerzitní 22, 306 14, Pilsen, Czech Republic
Department of Economic Theories Faculty of Economics and Management, Czech University of Life Sciences in Prague, Kamýcká 129, Prague, 165 00, Czech Republic
*Corresponding author's e-mail: svobodar@pef.czu.cz
Online published on 16 November, 2019.
food requirements of the population. An important partof agricultural companies’ production consistsof livestock, especially because of the effective use of crop production as a source of all kinds of animal feed. It is also proven that livestock production plays a significant role in the creation and cultivation of the landscape. Czech agriculture has shown a profit since joining the EU thanks to a significant increase in subsidies. The aim of this paper is to show the impacts of the globalization of the economy and climate change on the economic performance of agricultural companies in the Czech Republic. Serious consequences of global climate change are already evident, and their intensity will grow with the ongoing warming of the planet.
Agriculture, Climate change, Czech Republic, Production, Profit, Subsidies
