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Question
Attempt the following.
State the types of human activities.
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Solution
There are various activities conducted by a person in a day. These activities can be divided into two parts.
→ Human Activities
1. Economic activities
2. Non-economic activities
- Economic activities: These activities are conducted to earn money. A human being requires money for livelihood. Economic activities are divided into three types.
(a) Business
(b) Profession
(c) Employment
Business is done to earn a profit. The profession is done by acquiring special knowledge to provide services to people. A professional gets fees for the services rendered. Whereas when a person works for another person or organisation to earn wage or salary, is called employment. - Non-economic activities: Non-economic activities are conducted by the person to satisfy their needs other than financial needs. These activities include cultural, social, religious, sports, health-related, etc.
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