Commercial Applications
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?
- Extractive Industry
- Genetic Industry
- Manufacturing Industry
- Construction Industry
Commercial Orgs Intro
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Answer
Genetic Industry
Reason — The farmer is engaged in cultivating organic vegetables, which involves multiplying plants — this is the work of a genetic industry. Genetic industries are concerned with reproducing and multiplying plants and animals (agriculture, nurseries, dairy farming, poultry, etc.). The cold storage activity is merely an auxiliary (warehousing) — the farmer's primary industrial activity remains genetic.
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