Yes, that is a good explanation.

It's kind of fun to watch the crops grow from seedlings planted to full size. They actually get bigger and the fruit or vegetable grow too; at first they are not visible, then when it's closer to maturity they are bigger. When you buy them it tells you how long until they will be ready to harvets (one hour to several days). If you don't harvest them they will wither. When you plant them you use coins; when you harvest them you earn coins. So if they wither you have lost your investment.

Trees are separate and they bear fruit and are harvested too.

Animals are "harvested": cows are "harvested" for milk, horses for horse hair, pigs for truffles, sheep for wool, ducks for down, rabbits for angora, etc.

There are also fun things, seasonal things to buy, like Halloween decorations, Christmas tree, etc.