elective Flashcards

1
Q

What are food commodities?

A

Food commodities are basic agricultural products that are traded in bulk.

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2
Q

True or False: Grains are considered food commodities.

A

True

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3
Q

Name three examples of food commodities.

A

Wheat, rice, and corn.

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4
Q

What is the primary purpose of food commodities?

A

To provide a stable food supply and economic value.

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5
Q

Fill in the blank: _______ is a key factor influencing the price of food commodities.

A

Supply and demand

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6
Q

Which food commodity is the most widely consumed staple food in the world?

A

Rice

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7
Q

What role do food commodities play in global trade?

A

They are essential for food security and a major part of the economy.

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8
Q

True or False: Dairy products are classified as food commodities.

A

True

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9
Q

What is a major challenge facing food commodity production?

A

Climate change and environmental sustainability.

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10
Q

Name a food commodity that is often used as livestock feed.

A

Soybeans

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11
Q

Fill in the blank: _______ is the process of converting raw commodities into food products.

A

Food processing

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12
Q

What is the significance of food commodities in nutrition?

A

They provide essential nutrients for human health.

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13
Q

What is a food commodity market?

A

A marketplace where food commodities are bought and sold.

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14
Q

True or False: The quality of food commodities can affect their market price.

A

True

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15
Q

What are organic food commodities?

A

Food commodities produced without synthetic fertilizers or pesticides.

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16
Q

Name one way in which technology impacts food commodity production.

A

Improved crop yields through genetically modified organisms (GMOs).

17
Q

What is the role of government policies in food commodity markets?

A

They can influence prices, supply, and trade regulations.

18
Q

Fill in the blank: _______ is a food commodity that is a primary source of protein.

19
Q

What is the difference between perishable and non-perishable food commodities?

A

Perishable commodities spoil quickly while non-perishable can be stored for longer periods.

20
Q

True or False: Sugar is classified as a food commodity.

21
Q

What is a food commodity index?

A

A statistical measure of the price changes of a basket of food commodities.

22
Q

Name a benefit of consuming food commodities.

A

They are often affordable and provide necessary nutrients.

23
Q

Fill in the blank: _______ is a food commodity that is critical for baking.

24
Q

What is the impact of globalization on food commodities?

A

Increased availability and variety of food products worldwide.

25
What is a commodity chain?
The series of steps involved in the production, processing, and distribution of food commodities.
26
True or False: Coffee is considered a food commodity.
True
27
What is the significance of seasonal availability in food commodities?
It affects pricing and supply of fresh produce.