ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is an example of a weight reducing industry?
A
Potato Chips
B
Cars
C
Canning or Bottling industry
D
Water
Explanation: 

Detailed explanation-1: -Both ethanol and meat packing industries are weight-reducing industries. Most of the factors are the high bulkiness of the raw materials coming in (i.e., corn and animals) compared to the finished products (ethanol/liquid and meat).

Detailed explanation-2: -BULK GAINING can also refer to an industry whose final products are HARDER TO SHIP than inputs. Potato chips are good example of this.

Detailed explanation-3: -They constitute a significant part of the snack food market. Product variety, a mix of regional snack flavors, changing consumer lifestyles, and growth in distribution channels are major factors contributing to increasing sales of potato chips across the world.

Detailed explanation-4: -Quest Chips Nacho Cheese. Siete Sea Salt Grain Free Tortilla Chips. Lay’s Poppables Sea Salt & Vinegar. Beanitos with Sea Salt. Brad’s Crunchy Kale Original. Sun Chips Garden Salsa. Harvest Snaps. Food Should Taste Good Black Bean. More items •22-Dec-2022

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