Agricultural Economics Quiz

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Questions and Answers

What is the term for the produce of the crop grown by the farmer for self-consumption and for sale in the market?

  • Salesable Surplus (correct)
  • Agricultural Yield
  • Marketable Surplus
  • Harvested Output

What is the process of converting agricultural products to a form suitable for consumption?

  • Distribution
  • Processing (correct)
  • Regulated Marketing
  • Assembling

What is the primary aim of regulated markets in the context of agricultural marketing?

  • To ensure fair prices to farmers without illegal methods (correct)
  • To maximize profits for wholesalers and retailers
  • To promote international trade of agricultural products
  • To control the production of agricultural goods

What is the purpose of the assembling stage in agricultural marketing?

<p>To gather the crop grown by individual farmers at a single place (D)</p> Signup and view all the answers

What is essential for the growth of the agriculture sector and the better functioning of the rural economy?

<p>Reducing post-harvest losses, better infrastructure, and effective marketing (C)</p> Signup and view all the answers

Flashcards

Salesable Surplus

The portion of a farmer's crop that is available for sale after meeting their own consumption needs.

Processing (Agricultural)

Transforming raw agricultural goods into consumable forms.

Regulated Markets (Aim)

To guarantee equitable prices for farmers by preventing exploitation.

Assembling (Agricultural Marketing)

Consolidates crops from individual farmers in one location.

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Effective Agricultural Marketing

Key to agricultural sector growth and a healthy rural economy.

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Study Notes

Agricultural Marketing Terminology

  • The produce of the crop grown by the farmer for self-consumption and for sale in the market is referred to as output.

Food Processing

  • The process of converting agricultural products to a form suitable for consumption is called processing.

Regulated Markets

  • The primary aim of regulated markets in the context of agricultural marketing is to ensure fair prices to farmers and protect their interests.

Agricultural Marketing Stages

  • The purpose of the assembling stage in agricultural marketing is to collect and assemble the produce from the farmers and prepare it for further processing or sale.

Agricultural Sector Growth

  • Investment in infrastructure is essential for the growth of the agriculture sector and the better functioning of the rural economy.

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