Explain the following classification of products with two examples each from agricultural based products. (a) industrial products; (b) consumer products; (c...

Answer Details

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.

• Raw cotton bought by a textile mill.
• Raw rubber (latex) bought by a tyre-manufacturing company.

(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.

• A loaf of bread bought for eating.
• A bottle of refined groundnut/vegetable oil bought for cooking.

(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.

• Fresh cassava tubers harvested from the farm.
• Raw maize (corn) grains from the field.

(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.

• Garri produced from cassava.
• Flour or custard produced from maize.

(Other examples: refined palm oil from palm fruit, canned fish.)