Question

Give the economic importance of fisheries.

Answer 1

The economic importance of fisheries is as followed:
1. It provides good job opportunity and self-employment to many people.
2. Fishes are the source of nutritious food.
3. Fishes yield a number of by-products which are of commercial value. These by-products are fish oil, fish meat, fertiliser, fish glue, etc.
4. These by-products are widely used in paints, soaps, oils and medicines.
5. Prawns, lobsters have high market value all over the world.