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What is the primary aim of economic activities?

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Question

What is the primary aim of economic activities?

Options

  • To earn money or a livelihood.

  • To provide free services to society.

  • To eliminate competition in markets.

  • To reduce the circulation of money.

MCQ
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Solution

To earn money or a livelihood.

Explanation:

Economic activities are performed with the main objective of earning income through production, exchange, or provision of goods and services that contribute to societal development.

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