Advertisements
Advertisements
Question
Give one word/phrase/term.
Buying and selling of goods against money or money’s worth.
Advertisements
Solution
Trade
Explanation:
Trade refers to the buying and selling of goods and services in exchange for money or money’s worth. It is a primary component of commerce and involves transactions between buyers and sellers.
APPEARS IN
RELATED QUESTIONS
Select the correct option and rewrite the sentence.
Warehousing creates _____ utility in goods.
State True or False.
Business is an economic activity.
State True or False.
Profit leads to an increase in the overall efficiency of the organization.
Retailer is the link between manufacturer and wholesalers.
Answer in one sentence.
What is an economic activity?
Correct the underlined word and rewrite the sentence.
Business is a non-economic activity.
Correct the underlined word and rewrite the sentence.
Profession can be transferred to another person.
Explain the following term/concept.
Employment
Distinguish between:
Employment and Profession.
State any four features of employment.
Attempt the following.
State the types of human activities.
State any four features of profession.
State any four features of the profession
State any four features of profession.
State any four features of profession.
State any four features of profession.
State any four features of profession.
Which characteristic distinguishes economic activities from other activities?
Which type of economic activity is represented by a doctor providing medical services?
