Which of the following statements best describe economic activities?
These activities are undertaken to earn money
These activities provide pleasure
These activities involve no risk
These activities involve working outside the house
A
These activities provide pleasure
B
These activities are undertaken to earn money
C
These activities involve no risk
D
These activities involve working outside the house
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Solution
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Economic activities are those activities which are undertaken to earn money and done to earn a living. For example a person selling vegetables in your locality is a type of an economic activity as he earn money by this activity.
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