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Make a list of activities in …

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Make a list of activities in a bus stand or a market place . How many of them are economic activities ?
  • 1 answers

Gaurav Seth 5 years, 2 months ago

The list of activities we observe at a bus stand or in a market place is as follows:

-    Buying of goods

-   Selling of goods

-   People rendering different kind of services such as: rickshaw puller taking people from place to place, waiter working at a nearby eating joint, etc.

-   Production process carried out by some producers.

Above mentioned all activities are economic activities because they all are undertaken for a monetary gain. All these activities involve the use of scarce resources to carry out the task of production, consumption and distribution.

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