About this document
Class 11 Business Trade Notes by sarthak seth is a document available to read on EtoBox.
The document discusses the classification of economic and non-economic activities. It defines business, profession, and employment as the three types of economic activities. Business involves the regular sale and purchase of goods/services with the goal of earning profit. It carries risk and uncertainty. Profession requires specialized skills and knowledge to serve society. Employment involves working for others in exchange for wages or salary according to the employer
- Author
- sarthak seth
- Language
- EN