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Question

Which of the following can be classified as economic activities?

A
Flying kites
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B
Banking
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C
Donating to charity
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D
Manufacturing bottles
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Solution

The correct option is D Manufacturing bottles
Economic activities are the activities carried out with the intention to make a profit. Professor Boulding explains that production, distribution, exchange, and consumption of goods and services are the different parts of economic activities.

Banking and manufacturing involve making a profit. Hence, these activities are categorised as economic activities.

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