Question 1 Report
Explain the following classification of products with two examples each from agricultural based products.
(a) industrial products;
(b) consumer products;
(c) primary products;
(d) secondary
Classification of products with two agricultural-based examples each
(a) Industrial products
These are goods bought by firms or organizations for further processing, for use in production, or in running a business, rather than for final personal consumption.
(Other examples: palm kernel bought for oil extraction, cocoa beans bought by a chocolate factory.)
(b) Consumer products
These are finished goods bought by final consumers for their personal or household use and satisfaction.
(Other examples: packaged rice, tin of tomato paste.)
(c) Primary products
These are products obtained directly from nature (farming, fishing, forestry, mining) in their raw, unprocessed form.
(Other examples: fresh fish, raw yam.)
(d) Secondary products
These are products that have been processed or manufactured from primary (raw) agricultural materials into a more finished form.
(Other examples: refined palm oil from palm fruit, canned fish.)
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