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1.1.1 … is the most valuable natural resource that can be utilised as animal feed - NSC Agricultural Management Practices - Question 1 - 2018 - Paper 1

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1.1.1 … is the most valuable natural resource that can be utilised as animal feed. 1.1.2 The soil property that is changed with the addition of organic material to ... show full transcript

Worked Solution & Example Answer:1.1.1 … is the most valuable natural resource that can be utilised as animal feed - NSC Agricultural Management Practices - Question 1 - 2018 - Paper 1

Step 1

1.1.1 … is the most valuable natural resource that can be utilised as animal feed.

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Answer

Water is considered the most valuable natural resource for animal feed as it is essential for all forms of life, including livestock, helping them with digestion and overall health.

Step 2

1.1.2 The soil property that is changed with the addition of organic material to the soil:

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The texture of the soil is the property that changes with the addition of organic material, as it improves aeration and moisture retention.

Step 3

1.1.3 A farming system where the produce is only for the needs of the family:

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Subsistence farming is the system where the produce is primarily for the needs of the family, rather than for commercial sale.

Step 4

1.1.4 A person who identifies a business opportunity, has the courage to take a risk and is able to manage the enterprise:

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An entrepreneur matches this description as they are individuals who take risks to create and manage a business.

Step 5

1.1.5 A document that keeps track of all female animals that have given birth:

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A breeding record serves this purpose as it documents the reproductive history and performance of female animals.

Step 6

1.1.6 The farm management principle which is characterised by the comparison of performance and expected results:

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Planning is the farm management principle that focuses on comparing actual performance with expected results.

Step 7

1.1.7 The process when farm products are advertised and transported from the farm to outlets for consumers to buy:

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Marketing is the process that encompasses advertising and transporting products to consumers.

Step 8

1.1.8 The price of the product that settles at the point where demand for a product is equal to the supply of the same product:

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Market equilibrium is the price point at which the quantity demanded equals the quantity supplied.

Step 9

1.1.9 Actions that will improve the agribusiness chain include:

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The options that will improve the agribusiness chain include actions (i), (ii), (iii), and (iv) which involve improving infrastructure, addressing storage needs, providing market information, and preventing product loss.

Step 10

1.1.10 A method that a farmer can use to create capital from the farm:

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A grant is a method for farmers to obtain financial capital without the need for repayment, which can be used to invest in their farming operations.

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