Economy of Guam

Agriculture encompasses crop and livestock production, aquaculture, fisheries, and forestry for food and non-food products. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. While humans started gathering grains at least 105,000 years ago, nascent farmers only began planting them around 11,500 years ago. Sheep, goats, pigs, and cattle were domesticated around 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. In the 20th century, industrial agriculture based on large-scale monocultures came to dominate agricultural output. As of 2021, small farms produce about one-third of the world's food, but large farms are prevalent. The largest 1% of farms in the world are greater than 50 hectares (120 acres) and operate more than 70% of the world's farmland. Nearly 40% of agricultural land is found on farms larger than 1,000 hectares (2,500 acres). However, five of every six farms in the world consist of fewer than 2 hectares (4.9 acres), and take up only around 12% of all agricultural land. Farms and farming greatly influence rural economics and greatly shape rural society, affecting both the direct agricultural workforce and broader businesses that support the farms and farming populations.

Construction is a general term meaning the art and science of forming objects, systems, or organizations. It comes from the Latin word constructio (from com- "together" and struere "to pile up") and Old French construction. To 'construct' is a verb: the act of building, and the noun is construction: how something is built or the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the asset is built and ready for use. Construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling, or decommissioning. The construction industry contributes significantly to many countries' gross domestic products (GDP). Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecasted to rise to around $14.8 trillion in 2030. The construction industry promotes economic development and brings many non-monetary benefits to many countries, but it is one of the most hazardous industries. For example, about 20% (1,061) of US industry fatalities in 2019 happened in construction.

Textiles are an expansive category covering various fiber-based materials, including fibers, yarns, filaments, threads, and diverse fabric types. Initially, the term "textiles" referred solely to woven fabrics, but manufacturing methods have diversified to include knitting and non-woven techniques. In contemporary usage, textiles serve myriad purposes, from everyday clothing to specialized items like bulletproof jackets, spacesuits, and medical gowns. Textiles are typically divided into two categories: consumer textiles and technical textiles. Consumer textiles prioritize aesthetics and comfort, while technical textiles emphasize functional properties. Examples of technical textiles include geotextiles, industrial textiles, and medical textiles, while consumer textiles encompass clothing and furnishings. Each component of a textile product, including fiber, yarn, fabric, processing, and finishing, contributes to its final characteristics. These components vary based on their suitability for the intended application.