CBSE > Class 11 > Business Studies | CBSE Board | Homework Help

HOW IS INTERNATIONAL BUSINESS HELPFUL IN THE STABILITY OF PRICES

Posted by Mohit Garg 11 months, 1 week ago

1 answers

Khushpal Singh 1 month, 3 weeks ago

Optimum use of resources: Foreign trade helps in the optimum use of natural resources and avoids wastage’s of resources. It ensures the presence of stable price by avoiding wide fluctuations in prices. It tries to equalise the world price. Increased standard of living: It ensures more production to meet the demand of the people of different countries. By increased production, it becomes possible to increase income and the standard of living of its people. It also increases the standard of living by increasing more employment opportunities. It enables a country to import those goods which it cannot produce. Large scale production: It ensures large production because the production is carried on to meet the demand of its people as well as world market. Large scale production also ensures a great deal of internal economies which reduces the cost of production.

0Thank You

ANSWER

Divanshi Thakur 7 months ago

Human activities are of two types 1. Economic - these are the activities performed with the objective to earn profit . 2. Non- Economic - these are activities which are done with purpose to gain mental satisfaction.

Gitisha Agarwal 8 months ago

1.business- refers to buying nd selling of goods. Profession- in which u earn money by your skills. Employment - in which u earn money for working for someone. 2 . Business - u are the owner,u alone have to manage everything. Profession- u are not the owner. Employment- u don't have to manage everything your owner have to take responsibility. 3.business - all the profit nd losses are yours. Profession- the problem of risk does not arises. Employment- they are not bortherd with losss aur profit they will get there salary Or wages

There are two type of human activities Economic and non economic In economic activity the activities which envolve transaction of money any activity done for money is known as economic activity Non economic activity the activity which is not related to money not done for the purpose of earning money is termed as non economic activity

Gitisha Agarwal 8 months, 1 week ago

First u should u regular means everyday u should do your work, Secondly profit earning In addition to that uncertainty of risk And it must contains goods and service

Tanu Agarwal 8 months, 1 week ago

No. This is not considered as business activity because this is not done on regular basis by Mr. Rajneesh Hence activity should be performed on regular basis to be considered as business

myCBSEguide

myCBSEguide

Test Generator

CUET Mock Tests

Download myCBSEguide App

All Courses

Other Websites

CBSE Courses

Resources

Corporate

NCERT Solutions

CBSE Sample Papers