Commercial and Non-Commercial Activities — Important Questions
ICSE · Class 9 · Commercial Studies
58 important questions from Commercial and Non-Commercial Activities for ICSE Class 9 Commercial Studies, with answers.
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Important Questions from Commercial and Non-Commercial Activities
Which of the following is a non-economic activity?
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A mother looking after her children
Looking after children is done out of love and care, so it is a non-economic activity.
Which of these is an example of an economic activity?
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A nurse attending a patient in a hospital for salary
The nurse is working for salary, so the activity is economic.
What is the key principle that distinguishes economic and non-economic activities?
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The objective for which the activity is undertaken
The same activity can be economic or non-economic depending on the purpose behind it.
What is the term used for business, profession, and employment together?
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Economic activities
Business, profession, and employment are all types of economic or commercial activities.
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