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प्रश्न
Why is business considered an economic activity?
उत्तर
Business is primarily undertaken with an objective to earn money to finance one’s livelihood. It can be said that the sole motive with which a business is run is profit. That means, the decision to carry-out a business is not out of love or to perform charitable activities. Hence, business is considered an economic activity.
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संबंधित प्रश्न
What is Hundi?
List the major exports and imports in ancient India.
What were the different types of Hundi in use by traders in ancient times?
What do you understand by maritime trade?
State the different types of economic activities.
State the meaning of business.
Discuss the development of indigenous banking system in Indian subcontinent.
Define business.
Describe the important characteristics of business.
Compare business with profession and employment.
What factors are to be considered while starting a business? Explain.
