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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</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</p> Signup and view all the answers

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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Description

Test your knowledge of agricultural economics with this quiz on salesable surplus and agricultural marketing. Explore the concept of marketable surplus and its significance for rural economies, as well as the importance of effective marketing and infrastructure in the agricultural sector.