+2 votes
by kratos

Explain the different types of economic activities.

1 Answer

+5 votes
by kratos
 
Best answer

1. Business: It is mainly concerned with the production and exchange of goods and service.

2. Professions: It is mainly concerned with the rendering of specialized technical and personal services.

Ex: Lawyers, Doctors.

3. Employment: It is the work undertaken by the people under an employer for salary or wages.

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