Q.Write a short note on: Genetic Industries

Genetic industries are a type of primary (extractive-related) industry concerned with breeding, reproducing and multiplying plants and animals for sale. They 'produce' living things rather than extract or manufacture goods.

Genetic Industries

The word 'genetic' relates to reproduction. Genetic industries are those industries that are engaged in the breeding, reproduction and multiplication of certain species of plants and animals so that they can be sold at a profit. Here the raw material (parent plants or animals) is multiplied into a larger quantity for sale. Examples:

• Plant nurseries that raise and sell saplings and plants.
• Cattle-breeding and dairy farms.
• Poultry farms (rearing hens for eggs and chicks).
• Fish hatcheries and pisciculture.
• Seed-growing and seed-multiplication farms.

Genetic industries thus form a part of the wider classification of industries (primary, secondary and tertiary) studied in Commerce.

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