Commercial and Non-Commercial Activities — Chapter Summary
ICSE · Class 9 · Commercial Studies
Summary of Commercial and Non-Commercial Activities for ICSE Class 9 Commercial Studies. Part of the ICSE Class 9 Commercial Studies syllabus.
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Overview
Human activities are all the actions carried out by human beings to satisfy wants. These wants are unending, unlimited, and recurring, so human activities continue throughout life. They are broadly divided into economic or commercial activities and non-economic or non-commercial activities. Economic
Key Concepts
All activities undertaken by human beings
All activities undertaken by human beings are called human activities. They are done to satisfy human wants, which are unlimited and recurring.
These are human activities undertaken
These are human activities undertaken to earn a living and thereby satisfy human wants. They are concerned with production, distribution, and exchange
These are activities done to satisfy
These are activities done to satisfy social, religious, cultural, sentimental, or emotional needs. They are not undertaken for monetary gain.
Business is an economic activity concerned
Business is an economic activity concerned with production and exchange of goods and services with the object of earning profits. It creates form util
A profession is an occupation
A profession is an occupation that needs specialised knowledge and skills to earn a living. Professionals provide personal specialised services, follo
Learning Objectives
- Describe the meaning of human activities.
- State the broad types of human activities.
- Define economic or commercial activities.
- Describe non-economic or non-commercial activities.
- Compare commercial and non-commercial activities.
Frequently Asked Questions
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Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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