Question

Make a list of activities in a bus stand or a market place. How many of them are economic activities?

Answer 1

1. Activities in a bus stand or a marketplace
   • Buying goods and services.
   • Selling goods and services.
   • Production activities done by firms or small vendors.
   • People buying bus tickets.
   • Beggars asking for money.
2. Economic activities among these: Economic activities are those that involve earning money through production, buying, or selling. So the following 4 activities are economic:
   • Buying goods and services.
   • Selling goods and services.
   • Production activities by firms.
   • Purchasing bus tickets.

1.