TLE 7 Q2 -Business Opportunities in Agriculture and Fisheries

What is the primary objective of agritourism?

• To promote biotechnology

• To provide farm tools to farmers

• To invite visitors to experience farm life

• To distribute imported seeds

What economic benefit does agricultural trade offer?

• Limits crop production

• Provides access to new markets

• Reduces labor costs

• Decreases exports

Which technology is commonly used in precision farming?

• Blockchain

• Solar panels

• Drones

• Biodegradable packaging

What is a key feature of organic farming?

• Use of synthetic fertilizers

• High pesticide usage

• Focus on sustainability and chemical-free methods

• Use of genetically modified crops

Why is aquaculture becoming more important?

• To eliminate traditional agriculture

• Because wild fish stocks are declining

• To reduce water usage

• To replace meat consumption

Which of the following is an example of agro-processing?

• Planting rice

• Making canned fruits

• Exporting raw corn

• Leasing farm equipment

What type of business helps farmers access equipment without high upfront costs?

• Agricultural consulting

• Equipment leasing

• Precision farming

• Aquaculture

What is the focus of AgriTech startups?

• Increasing labor costs

• Using traditional farming methods

• Introducing innovative technologies to agriculture

• Reducing food production

Which agricultural sector benefits from automation and climate-controlled barns?

• Dairy industry

• Organic farming

• Livestock and poultry industry

• Aquaculture

What is an advantage of farm-to-table businesses?

• Increased pesticide use

• Direct link between farmers and consumers

• Promotion of imported food

• Limited access to fresh products