Trinidad and Tobago's Non-Food Agro Based Products Quiz

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Questions and Answers

Which industry does not contribute to the goods and services traded in Trinidad and Tobago?

  • Mining (correct)
  • Petroleum production
  • Tourism
  • Manufacturing

What are some non-food agro based products that contribute to Trinidad and Tobago's economy?

  • Furniture and serving trays (correct)
  • Clothing and shoes
  • Cars and electronics
  • Cosmetics and skincare products

How does the non-food agro based industry in Trinidad and Tobago contribute to reducing unemployment?

  • By investing in the petroleum industry
  • By promoting tourism
  • By providing jobs for creative people (correct)
  • By importing goods from other countries

What is the benefit of buying locally produced agro-based goods in Trinidad and Tobago?

<p>It reduces the demand for similar imported products that are usually more expensive (D)</p>
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What is the aim of a good economy in Trinidad and Tobago?

<p>To be self-sufficient with goods and services needed by its people (C)</p>
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How do agro-based products contribute to Trinidad and Tobago's economy?

<p>They help the country to be self-sufficient with goods and services (A)</p>
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Which of the following is a benefit of buying locally produced agro-based goods in Trinidad and Tobago?

<p>It supports the national economy (B)</p>
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What is the role of agro-based products in helping Trinidad and Tobago's economy?

<p>They contribute to self-sufficiency (A)</p>
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What is the aim of a good economy in Trinidad and Tobago?

<p>To import less and export more (B)</p>
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Flashcards

Which industry does not contribute to T&T's goods and services trade?

Mining

What are some non-food agro-based products in T&T's economy?

Furniture and serving trays

How does the non-food agro-based industry reduce unemployment in T&T?

By providing jobs for creative people

What is a benefit of buying local agro-based goods in T&T (cost)?

It reduces the demand for similar imported products that are usually more expensive

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What is the aim of a good economy in Trinidad and Tobago?

To be self-sufficient with goods and services needed by its people

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How do agro-based products contribute to T&T's economy?

They help the country to be self-sufficient with goods and services

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What is a benefit of buying locally produced agro-based goods in T&T?

It supports the national economy

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What is the role of agro-based products in Trinidad and Tobago's economy?

They contribute to self-sufficiency

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What is the aim of a good economy in Trinidad and Tobago (trade balance)?

To import less and export more

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Study Notes

Agro-based Industry in Trinidad and Tobago

  • The non-food agro-based industry in Trinidad and Tobago does not contribute to the goods and services traded.

Agro-based Products in Trinidad and Tobago

  • Non-food agro-based products contributing to Trinidad and Tobago's economy include: • Cosmetics • Soaps • Candles • Furniture • Craft items

Unemployment Reduction

  • The non-food agro-based industry in Trinidad and Tobago contributes to reducing unemployment by creating jobs in manufacturing, processing, and marketing.

Benefits of Buying Locally

  • Buying locally produced agro-based goods in Trinidad and Tobago benefits the economy by: • Reducing dependence on imported goods • Increasing foreign exchange earnings • Encouraging local entrepreneurship • Creating employment opportunities

Aim of a Good Economy

  • The aim of a good economy in Trinidad and Tobago is to provide goods and services that meet the needs of the population, while creating opportunities for economic growth and development.

Contribution to Economy

  • Agro-based products contribute to Trinidad and Tobago's economy by: • Generating foreign exchange earnings • Creating employment opportunities • Encouraging local entrepreneurship • Diversifying the economy

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