Hi, I have a question and I hope anyone could answer it:
Why is business considered an economic activity ?
Examgyani Team
Asked: November 3, 20232023-11-03T07:31:10+05:30
2023-11-03T07:31:10+05:30In: Commerce
Why is business considered an economic activity ?
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Business is considered an economic activity because it involves buying and selling of goods and services with the aim of earning profits. Since business has a monetary motive involved, it is an economic activity.