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A farmer grows organic vegetables and supplies them to local markets. To increase profits, the farmer sets up a cold storage unit to store surplus vegetables during the off-season - Commercial Applications

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Question

A farmer grows organic vegetables and supplies them to local markets. To increase profits, the farmer sets up a cold storage unit to store surplus vegetables during the off-season and sells them when prices are higher. Which type of industry does the farmer’s activity represent?

Options

  • Extractive industry

  • Genetic industry

  • Manufacturing industry

  • Construction industry

MCQ
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Solution

Genetic industry

Explanation:

The farmer’s activity of growing organic vegetables falls under genetic industries. Genetic industries involve the reproduction and multiplication of plants and animals, such as farming, horticulture, and animal breeding. In this case, the farmer is involved in growing and cultivating crops, which directly ties to the characteristics of a genetic industry.

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Chapter 1: Introduction to Commercial Organisations - EXERCISES [Page 20]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 1 Introduction to Commercial Organisations
EXERCISES | Q I. 30. | Page 20
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