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The Farming Business

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

Growing crops and raising live stock to meet family needs is called

a)

Commercial farming

b)

Mixed farming

c)

Subsistence farming

2.

Raising livestock provides people with meat, egg, milk products and leather

a)

True

b)

False

3.

Which of these is a farming input?

a)

Tractor

b)

Ploughing the fields

c)

Milk

d)

Harvest

4.

Which of these is a farming output?

a)

Tractor

b)

Milk

c)

Milking

d)

Investment

5.

Inputs into a farm are...

a)

things put into the farm, such as seeds

b)

activities or changes, such as irrigating the fields

c)

items produced by the farm, such as crops

d)

none of these options

6.

A farmer is a businessman because he depends upon his farm to bring him an (a)  

7.

(a)   Is the money spent on business resources

8.

Income is the money derived from the (a)   of farm produce

9.

A farmer makes a profit when his expenditure is (a)   than his income

10.

A farm operates at a loss when the expenditure is (a)   than his income

11.

A good farmer must have ___________ and ______________ skills

(a)  

12.

A successful farm makes a (a)  

13.

How can a farmer obtains his income

4 lines
14.

How is profit worked out

4 lines
15.

What are 3 roles of the farm manager

4 lines