Explain the following classification of products with two examples each from agricultural based products. (a)...
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
Explanation
(a) Industrial Goods: These are goods that need to undergo processing. They are raw materials that would be converted into semi-finished or finished goods. Examples: cotton wool, timber, fresh fish, fresh tomatoes, etc.
(b) Consumer Goods: These are goods that have been processed into finished goods for personal use/consumption. Examples: tin tomatoes, smoked fish, fruit juice, garri, etc.
(c) Primary Products: These are all farm produce that have not undergone processing. Examples:- Cotton wool, yam tuber, cassava tuber, fresh fish, fruits, fresh tomatoes, etc.
(d) Secondary Products: These are farm produce that have undergone processing. Examples: garri, yam flour, smoked fish, corn flour, tomatoes paste, dry fish, etc.