Download App

Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market1 Mark
Question
Human life is centered on activities which help in satisfying diverse needs. What are these activities referred to as? Also give the classification of these activities.
✓

Answer

An activity performed by a human being to meet his wants is known as 'human activity'.
Human activities can be broadly classified as:
  1. Economic activities which are undertaken to earn money.
  2. Non-economic activities which are undertaken to get satisfaction.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Understanding the Market→Understanding the Market — all question types→Entrepreneurship STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Political factors result from political changes in a country. State these changes.
→
When does the collaborators do well?
→
In order to build up loyal, efficient and dedicated personnel, the entrepreneur needs to address two questions, what are they?
→
List the fields in which ‛Motivator‘ has business strengths.
→
What can ruin the market for a product?
→
State the range of activities performed under Business.
→
Define 'Entre pot Trade'.
→
What is Market Expansion Grid?
→
What do you mean by Business Intelligence?
→
Define Attitude.
→