True or False: Rabbits can only be raised as pets.

The statement is false because rabbits can be raised for various purposes beyond just being pets. While many people do keep rabbits as companion animals, they are also raised for meat, fur, and in some cases, laboratory research. Additionally, certain breeds of rabbits are specifically bred for wool production, such as the Angora rabbit. The versatility of rabbits in various industries highlights their significance as more than just pets, making the answer to the question "False."