-8203- -8203-WHY IS BUSINESS CONSIDERED AN ECONOMIC ACTIVITY

Dear student. Business involves production and sale of goods and services for aim nbsp;of earning profit by satisfying human wants. Business is considered a ...

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Standard XI

Business Studies

Concept of Business

#8203; #820...

Question

WHY IS BUSINESS CONSIDERED AN ECONOMIC ACTIVITY

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Solution

Dear student.

Business involves production and sale of goods and services for aim of earning profit by satisfying human wants. Business is considered as an economic activity as it is done with aim of earning money and not out of love or sympathy.

Regards

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​​WHY IS BUSINESS CONSIDERED AN ECONOMIC ACTIVITY

Dear student. Business involves production and sale of goods and services for aim of earning profit by satisfying human wants. Business is considered as an economic activity as it is done with aim of earning money and not out of love or sympathy. Regards

WHY IS BUSINESS CONSIDERED AN ECONOMIC ACTIVITY

Dear student.

Business involves production and sale of goods and services for aim of earning profit by satisfying human wants. Business is considered as an economic activity as it is done with aim of earning money and not out of love or sympathy.

Regards