Table of Contents
- 1 What is fish accounting?
- 2 What is the importance of studying fishery?
- 3 What are the social and economic importance of fisheries?
- 4 How does the fish production contribute to the economic impact in the country?
- 5 Why are more people employed in inland fisheries?
- 6 What is the importance of fisheries in the Philippines?
What is fish accounting?
First In, Still Here (FISH) is an accounting buzzword that describes when companies still have inventory on hand that is not being sold due to inattention or obsolescence.
What is the importance of studying fishery?
Small-scale fisheries and aquaculture make critical contributions to development in the areas of employment, with over 41 million people worldwide, the vast majority of whom live in developing countries, working in fish production; food security and nutrition, with fish constituting an important source of nutrients for …
Why is fisheries important for economy of the world?
Inland capture fisheries and aquaculture contribute over 40% to the world’s reported finfish production from less than 0.01% of the total volume of water on earth. These fisheries provide food for billions and livelihoods for millions of people worldwide.
What is the importance of fishery in employment generation?
Fisheries sector occupies a very important place in the socio-economic development of the country. It has been recognized as a powerful income and employment generator as it stimulates growth of a number of subsidiary industries, and is a source of cheap and nutritious food besides being a foreign exchange earner.
Fish provide not only high-value protein but also an important source of a wide range of essential micronutrients, minerals and fatty acid. As literature data confirm that, due fast-growing human population, rising incomes and urbanization are increasing fish consumption pattern from time to time.
How does the fish production contribute to the economic impact in the country?
In many cases, the more marketable fish are being sold to provide income that is used to purchase other more affordable food items. Fisheries and aquaculture therefore both help to secure nutritious food for rural and coastal populations and alleviate their poverty.
What are the necessary economic factors for fishing?
Fish must be caught cheaply, stored properly and marketed readily. Following are some of the main economic factors which play an important role in development of fishing industry; Availability of fast and modern transport facilities.
What factors in the environment can affect the fish population?
Environmental impacts
- Overfishing.
- Habitat damage.
- Bycatch of vulnerable species.
- Discards.
- Fish feed.
- Pollution.
- Parasites and the spread of disease.
- Escapees impacting wild fish populations.
Why are more people employed in inland fisheries?
Q Why more people are employed in inland fisheries? Ans: (1) More people live near rivers and lakes are busy in fishing activity. (2) Workers are needed in maintenance of fish farm. (3)A large number of people are employed in hatcheries.
What is the importance of fisheries in the Philippines?
The fisheries in the Philippines makes a significant contribution to the national economy in terms of income and employment. Total fish production was estimated at 4.65 million metric tons, and the fisheries sector contributed almost 4.33 billion dollars to the country’s economy in 2015 (BFAR, 2016).
What is the relation of fisheries to economics?
“Economics of fisheries” is a field of economic research that has developed since the mid-1950s. The core of the research in its early stage was to find conditions for optimal exploitation of fish stocks over time. So, development of regulation theory and application hereof has been a central research theme.