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WorksheetsAgricultural Commodity and Enterprise Creation
Total questions: 24
Worksheet time: 18mins
1. Agribusiness is defined as
The sum total of all operations involved in the manufacture and distribution of farm supplies, production activities on the farm, storage, processing and distribution of farm commodities and items.
Investment in agriculture for performing any activities relating to production and distribution of agricultural product or services for making profit.
Encompasses input production, farm operation and management, equipment and supplies manufacturing, food/non-food processing, trading, and retailing
All of the above
2.The process by which a population increase the efficiency in which it provides desired goods and services thereby increasing the per capita levels of various social and economic indicators.
Economic growth
Economic Freedom
Economic Stability
Economic Development
3. Land area of the Philippines
300,000 square kilometer
3,000,000 square kilometer
300 square miles
None of these
Major commodities in Agriculture sector include
Crops
Animals
Forestry
All of these
5. In the evolution of Agribusiness, wars causes increased in production of agriculture commodities. Mechanization was developed largely due to labor shortage.
The first statement is false while the first is correct.
The first statement is true while the second is incorrect.
Both statement are true.
Both statements are false.
6.Preservation of food products made it convenient to consumers.
True
False
Undecided
All of the above
7.___________ is a concept that places activities agriculture as a whole and comprehensive activity as well as a concept that can examine and answer various problems and challenges
Processing
Agribusiness system
Marketing chain
None of the above
8.Which of the following is included in the agribusiness system?
Input sector
Processing sector
Production sector
All of the above
9.The sector that provides different inputs in agriculture
Marketing sector
Production sector
Agriculture sector
Input sector
10.Higher food prices will eventually lead to lower wages. The statement is
True
False
Undecided
None of the above
11. (a) refers to the overall group of economic agents (or the relevant activities of those agents) that contribute directly to the determination of final product.
12. (a) is consists of the people, organizations, and activities necessary to transfer the ownership of goods from point of production to point of consumption.
13-16.How to determine the boundaries in the Commodity Chain?
14-23.What comprises the commodity system? Give one example in each sub system.
24-30. List down agricultural commodities that the Philippines exported.
30-34.Identify the major steps in agriculture enterprise formation?
35-39. Write down the 4 major contributions of the agricultural sector to economic development that Simon Kuznets identified.
40. (a) Refers to an increase in production of goods and services compared to one period of time to another.
41.Refers to the total value of goods and services produced in an economy.
(a)
42.The economy in the Philippines is said to be a/an (a) driven economy.
43-45. Write down 3 importance of Agribusiness.
46. (a) are factors of production.
47.The combination of inputs to produce one or more outputs.
(a)
What Region has the highest production in pineapple?
(a)
