FBLA AGRIBUSINESS QUESTIONS WITH
CORRECT ANSWERS 2025
BusinessYcycleY-YCORRECTYANSWERY-theYrepeatedYriseYandYfallYofYeconomicYactivityYoverYtime
BusinessYplanY-YCORRECTYANSWERY-
aYwrittenYdescriptionYofYaYnewYbusinessYventureYthatYdescribesYallYaspectsYofYtheYproposedYagribu
si-
Yness;YitYhelpsYyouYfocusYonYexactlyYwhatYyouYwantYtoYdo,YhowYyouYwantYtoYdoYit,YandYwhatYyouYex
pectYtoYaccomplish
BusinessYsurveyY-YCORRECTYANSWERY-
aYsurveyYthatYaYbusinessYconductsYtoYdetermineYtheYmarketYpotentialYforYaYselectedYbusiness
CapitalY-YCORRECTYANSWERY-
goodsYusedYtoYproduceYotherYgoodsYandYservices;YtheYinvestmentYthatYtheYownerYhasYputYintoYthe
Ybusiness
CapitalYintensiveY-YCORRECTYANSWERY-
havingYaYhighYcapitalYcostYperYunitYofYoutput;YrequiringYgreaterYexpenditureYinYtheYformYofYcapitalY
thanYofYlabor
CapitalismY-YCORRECTYANSWERY-
anYeconomicYsystemYwhereYindividualsYownYresourcesYandYhaveYtheYrightYtoYuseYtheirYtimeYandYre
sourcesYhoweverYtheyYchoose
CollateralY-YCORRECTYANSWERY-
somethingYofYvalueYdepositedYwithYaYlenderYasYaYpledgeYtoYsecureYrepaymentYofYaYloan
DiligenceY-YCORRECTYANSWERY-
steadyYapplication;YconstancyYinYanYeffortYtoYaccomplishYsomething
,EntrepreneurY-YCORRECTYANSWERY-personYwhoYacceptsYallYtheYrisksYpertain-
YingYtoYformingYandYoperatingYaYsmallYbusiness.YThisYalsoYentailsYperformingYallYbusinessYfunctionsY
associatedYwithYaYproductYorYserviceYandYincludesYsocialYresponsibilityYandYlegalYrequirements
FinancialYinstitutionsY-YCORRECTYANSWERY-anyYbusinessYthatYlendsYmoney
FinancialYresourcesY-YCORRECTYANSWERY-
anyYplaceYthatYaYconsumerYorYbusinessYpersonYcanYacquireYmoney
FreeYenterpriseY-YCORRECTYANSWERY-economicYsystemYthatYallowsYindividu-
YalsYtoYorganizeYandYconductYbusinessYwithYaYminimumYofYgovernmentYcontrol;YindividualsYprivate
lyYownYwhatYtheyYproduce
InvestorsY-YCORRECTYANSWERY-
oneYwhoYprovidesYmoneyYtoYothers,YusuallyYaYbusiness,YforYlaterYincomeYorYprofit
NicheY-YCORRECTYANSWERY-placeYorYpositionYinYtheYcommunityYsuitableYforYaYpersonYorYthing
RapportY-YCORRECTYANSWERY-aYharmoniousYorYsympatheticYrelationship
SmallYbusinessY-YCORRECTYANSWERY-
aYbusinessYthatYisYindependentlyYoperated,YisYnotYdominantYinYitsYfield,YandYmeetsYcertainYsizeYsta
ndardsYinYtermsYofYnumberYofYemployeesYandYannualYreceipts
AgribusinessYinputYsectorY-YCORRECTYANSWERY-allYresourcesYthatYgoYintoYproduction
AgricultureYtoYproduceYfarmYcommodities.
,AgribusinessYoutputYsectorY-YCORRECTYANSWERY-
anyYphaseYofYtheYagribusinessYsectorYafterYtheYcommodityYleavesYtheYfarm,YsuchYasYsalesYorYmarke
ting.
AgriservicesYsectorY-YCORRECTYANSWERY-theYportionYofYtheYagricultural
IndustryYconcernedYwithYresearchingYnewYandYbetterYwaysYtoYproduceYandYmarketYfood,YtoYprotec
tYfoodYproducers
AndYconsumers,YandYtoYprovideYspecial,YcustomYservicesYtoYallYtheYotherYphasesYofYagriculture.
DistillationY-YCORRECTYANSWERY-theYprocessYofYseparatingYtheYcomponents
OfYaYmixtureYbyYdifferencesYinYboilingYpoint;YtheYevaporationYandYsubsequentYcondensationYofYaYli
quid,YasYwhenYwaterYisYboiledYinYaYretortYandYtheYsteamYisYcondensedYinYaYcoilYreceiver.
E-85Y-YCORRECTYANSWERY-
FuelYblendYthatYisY85YpercentYethanolYandY15YpercentYgasolineY(formerlyYcalledYgasohol).
EcologistsY-YCORRECTYANSWERY-
oneYwhoYisYconcernedYwithYtheYinterrelationshipYofYorganismsYandYtheirYenvironment.
EconomistsY-YCORRECTYANSWERY-aYspecialistYinYeconomicsYwhichYisYthe
ScienceYthatYdealsYwithYtheYproduction,Ydistribution,YandYconsumptionYofYgoodsYandYservices.
EnterprisesY-YCORRECTYANSWERY-projectsYonYaYfarm,YsuchYasYtheYproduction
OfYanyYcropYorYlivestock.
EnvrionmentalistsY-YCORRECTYANSWERY-anyYpersonYwhoYadvocatesYorYworks
ToYprotectYtheYair,Ywater,YandYotherYnaturalYresources.
, EthanolY-YCORRECTYANSWERY-theYalcoholYproductYofYfermentationYthatYis
UsedYinYalcoholicYbeveragesYandYforYindustrialY(fuel)
Purposes.
ExportsY-YCORRECTYANSWERY-
shipmentsYofYcommoditiesYorYproducts,YsuchYasYagriculturalYcommodities,YtoYforeignYcountries.
FermentationY-YCORRECTYANSWERY-theYprocessYofYfoodYbyYmeansYofYyeast,
Molds,YorYbacteria.
GasoholY-YCORRECTYANSWERY-registeredYtradeYnameYforYaYblendYof
90YpercentYunleadedYgasolineYwithY10YpercentYfermentationYethanol.
GrossYdomesticYproductY(GDP)Y-YCORRECTYANSWERY-
measuresYtheYvalueYofYgoodsYandYservicesYthatYaYcountryYproducesYinYaYyear.
HumusY-YCORRECTYANSWERY-organicYmatterYinYtheYsoilYthatYhasYreached
AnYadvancedYstageYofYdecompositionYandYhasYbecomeYcolloidalYinYnature.
ImportsY-YCORRECTYANSWERY-
shipmentsYofYcommoditiesYandYproducts,YsuchYasYagriculturalYcommodities,YfromYforeignYcountrie
sYforYsale,Yuse,YorYdonation.
IndustralizationY-YCORRECTYANSWERY-theYprocessYofYbecomingYmechanized
OrYindustrialized.
OutstandingYloansY-YCORRECTYANSWERY-loansYthatYhaveYnotYyetYbeenYpaid.
CORRECT ANSWERS 2025
BusinessYcycleY-YCORRECTYANSWERY-theYrepeatedYriseYandYfallYofYeconomicYactivityYoverYtime
BusinessYplanY-YCORRECTYANSWERY-
aYwrittenYdescriptionYofYaYnewYbusinessYventureYthatYdescribesYallYaspectsYofYtheYproposedYagribu
si-
Yness;YitYhelpsYyouYfocusYonYexactlyYwhatYyouYwantYtoYdo,YhowYyouYwantYtoYdoYit,YandYwhatYyouYex
pectYtoYaccomplish
BusinessYsurveyY-YCORRECTYANSWERY-
aYsurveyYthatYaYbusinessYconductsYtoYdetermineYtheYmarketYpotentialYforYaYselectedYbusiness
CapitalY-YCORRECTYANSWERY-
goodsYusedYtoYproduceYotherYgoodsYandYservices;YtheYinvestmentYthatYtheYownerYhasYputYintoYthe
Ybusiness
CapitalYintensiveY-YCORRECTYANSWERY-
havingYaYhighYcapitalYcostYperYunitYofYoutput;YrequiringYgreaterYexpenditureYinYtheYformYofYcapitalY
thanYofYlabor
CapitalismY-YCORRECTYANSWERY-
anYeconomicYsystemYwhereYindividualsYownYresourcesYandYhaveYtheYrightYtoYuseYtheirYtimeYandYre
sourcesYhoweverYtheyYchoose
CollateralY-YCORRECTYANSWERY-
somethingYofYvalueYdepositedYwithYaYlenderYasYaYpledgeYtoYsecureYrepaymentYofYaYloan
DiligenceY-YCORRECTYANSWERY-
steadyYapplication;YconstancyYinYanYeffortYtoYaccomplishYsomething
,EntrepreneurY-YCORRECTYANSWERY-personYwhoYacceptsYallYtheYrisksYpertain-
YingYtoYformingYandYoperatingYaYsmallYbusiness.YThisYalsoYentailsYperformingYallYbusinessYfunctionsY
associatedYwithYaYproductYorYserviceYandYincludesYsocialYresponsibilityYandYlegalYrequirements
FinancialYinstitutionsY-YCORRECTYANSWERY-anyYbusinessYthatYlendsYmoney
FinancialYresourcesY-YCORRECTYANSWERY-
anyYplaceYthatYaYconsumerYorYbusinessYpersonYcanYacquireYmoney
FreeYenterpriseY-YCORRECTYANSWERY-economicYsystemYthatYallowsYindividu-
YalsYtoYorganizeYandYconductYbusinessYwithYaYminimumYofYgovernmentYcontrol;YindividualsYprivate
lyYownYwhatYtheyYproduce
InvestorsY-YCORRECTYANSWERY-
oneYwhoYprovidesYmoneyYtoYothers,YusuallyYaYbusiness,YforYlaterYincomeYorYprofit
NicheY-YCORRECTYANSWERY-placeYorYpositionYinYtheYcommunityYsuitableYforYaYpersonYorYthing
RapportY-YCORRECTYANSWERY-aYharmoniousYorYsympatheticYrelationship
SmallYbusinessY-YCORRECTYANSWERY-
aYbusinessYthatYisYindependentlyYoperated,YisYnotYdominantYinYitsYfield,YandYmeetsYcertainYsizeYsta
ndardsYinYtermsYofYnumberYofYemployeesYandYannualYreceipts
AgribusinessYinputYsectorY-YCORRECTYANSWERY-allYresourcesYthatYgoYintoYproduction
AgricultureYtoYproduceYfarmYcommodities.
,AgribusinessYoutputYsectorY-YCORRECTYANSWERY-
anyYphaseYofYtheYagribusinessYsectorYafterYtheYcommodityYleavesYtheYfarm,YsuchYasYsalesYorYmarke
ting.
AgriservicesYsectorY-YCORRECTYANSWERY-theYportionYofYtheYagricultural
IndustryYconcernedYwithYresearchingYnewYandYbetterYwaysYtoYproduceYandYmarketYfood,YtoYprotec
tYfoodYproducers
AndYconsumers,YandYtoYprovideYspecial,YcustomYservicesYtoYallYtheYotherYphasesYofYagriculture.
DistillationY-YCORRECTYANSWERY-theYprocessYofYseparatingYtheYcomponents
OfYaYmixtureYbyYdifferencesYinYboilingYpoint;YtheYevaporationYandYsubsequentYcondensationYofYaYli
quid,YasYwhenYwaterYisYboiledYinYaYretortYandYtheYsteamYisYcondensedYinYaYcoilYreceiver.
E-85Y-YCORRECTYANSWERY-
FuelYblendYthatYisY85YpercentYethanolYandY15YpercentYgasolineY(formerlyYcalledYgasohol).
EcologistsY-YCORRECTYANSWERY-
oneYwhoYisYconcernedYwithYtheYinterrelationshipYofYorganismsYandYtheirYenvironment.
EconomistsY-YCORRECTYANSWERY-aYspecialistYinYeconomicsYwhichYisYthe
ScienceYthatYdealsYwithYtheYproduction,Ydistribution,YandYconsumptionYofYgoodsYandYservices.
EnterprisesY-YCORRECTYANSWERY-projectsYonYaYfarm,YsuchYasYtheYproduction
OfYanyYcropYorYlivestock.
EnvrionmentalistsY-YCORRECTYANSWERY-anyYpersonYwhoYadvocatesYorYworks
ToYprotectYtheYair,Ywater,YandYotherYnaturalYresources.
, EthanolY-YCORRECTYANSWERY-theYalcoholYproductYofYfermentationYthatYis
UsedYinYalcoholicYbeveragesYandYforYindustrialY(fuel)
Purposes.
ExportsY-YCORRECTYANSWERY-
shipmentsYofYcommoditiesYorYproducts,YsuchYasYagriculturalYcommodities,YtoYforeignYcountries.
FermentationY-YCORRECTYANSWERY-theYprocessYofYfoodYbyYmeansYofYyeast,
Molds,YorYbacteria.
GasoholY-YCORRECTYANSWERY-registeredYtradeYnameYforYaYblendYof
90YpercentYunleadedYgasolineYwithY10YpercentYfermentationYethanol.
GrossYdomesticYproductY(GDP)Y-YCORRECTYANSWERY-
measuresYtheYvalueYofYgoodsYandYservicesYthatYaYcountryYproducesYinYaYyear.
HumusY-YCORRECTYANSWERY-organicYmatterYinYtheYsoilYthatYhasYreached
AnYadvancedYstageYofYdecompositionYandYhasYbecomeYcolloidalYinYnature.
ImportsY-YCORRECTYANSWERY-
shipmentsYofYcommoditiesYandYproducts,YsuchYasYagriculturalYcommodities,YfromYforeignYcountrie
sYforYsale,Yuse,YorYdonation.
IndustralizationY-YCORRECTYANSWERY-theYprocessYofYbecomingYmechanized
OrYindustrialized.
OutstandingYloansY-YCORRECTYANSWERY-loansYthatYhaveYnotYyetYbeenYpaid.
