Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Commercial farming refer to:

Options:

Farming for Self-consumption

Farming for Import

Farming for Selling

Farming for Government

Correct Answer:

Farming for Selling

Explanation:

The correct answer is Farming for Selling.

Commercial farming, also known as agribusiness, is a type of farming where crops and livestock are raised for the purpose of selling them in the market for profit. This is in contrast to subsistence farming, where crops and livestock are raised for the purpose of feeding the farmer and their family.

Commercial farming typically involves the use of large-scale machinery and techniques, and it is often focused on producing a single crop or type of livestock.