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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Write short note on: Genetic Industry - Commerce

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Question

Write short note on:

Genetic Industry 

Short Note

Solution

The word ‘Genetic’ means parentage or hereditary. Genetic industries are concerned mainly with producing breeding or multiplying certain species of plants or animals with the object of earning profits from their sale. Examples of these types are nurseries, forestry, cattle-breeding, and commercial kennels. Animal husbandry is one type of Genetic Industry. 

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Chapter 3: Classification of Business Activities - Exercises [Page 22]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 3 Classification of Business Activities
Exercises | Q IV. 3. b. | Page 22
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