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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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