Classification of Human Activities — Flashcards
ICSE · Class 11 · Commerce
30 flashcards for Classification of Human Activities (ICSE Class 11 Commerce) to test yourself on key terms and facts. Sample: "What are human activities?"
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What are human activities?
Answer
Human activities are the activities performed by human beings to meet their requirements. They continue throughout life because human wants are unending, unlimited and recurring. Human activity has a …
Why do human activities continue throughout life?
Answer
Human activities continue throughout life because human wants are unending, unlimited and recurring. As one want is satisfied, another appears, so people remain busy in one activity or another.
What are economic activities?
Answer
Economic activities are activities performed for economic gains. They involve production, exchange, distribution and consumption of wealth. Only lawful activities done to earn money and acquire wealth…
What are non-economic activities?
Answer
Non-economic activities are activities performed to elevate human sentiments such as charity, religion and recreation. They are not related to earning money or creating wealth directly.
Classify business, profession and employment.
Answer
Business, profession and employment are all economic activities. They are the three main types of economic activities.
What are the three categories of human activities?
Answer
Human activities are broadly divided into two categories: economic activities and non-economic activities. Economic activities include business, profession and employment. Non-economic activities incl…
What is the main objective of economic activities?
Answer
The main objective of economic activities is to make an economic gain. They are performed to earn livelihood and acquire wealth.
State the main characteristics of economic activities.
Answer
Economic activities have an economic motive, help in economic growth, create wealth, ensure optimum use of land, labour and capital, are lawful, and are socially desirable. They involve production, ex…
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