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Byju's Answer
Standard XI
Business Studies
Characteristics of Business
Activities un...
Question

Activities undertaken with the main aim of earning money and creation of wealth are known as activity.

A
business
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B
service
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C
economic
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D
non-economic
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Solution

The correct option is C economic
Activities undertaken with the main aim of earning money and creation of wealth are known as economic activity. It involves the exchange of value in the form of a product/service for money.

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