Plantation

Operation & Application: A plantation is an area of land or water where one crop is specifically planted for widespread commercial sale. The crops grown include cotton, coffee, tea, cocoa, sugar cane, sisal, oil seeds, oil palms, rubber trees, and fruits. Protectionist policies and natural comparative advantage have sometimes contributed to determining where plantations were located.

Industrial plantations are established to produce a high volume of wood in a short period of time. Plantations are grown by state forestry authorities and/or the paper and wood industries and other private landowners. Christmas trees are often grown on plantations as well. In southern and southeastern Asia, teak plantations have recently replaced the natural forest.