NCERT Class 11 Business Studies — Which of the following i

NCERT · Class 11 · Business Studies · Business, Trade and CommerceWhich of the following is an economic activity?

Step-by-Step Solution

An economic activity is one that is undertaken with the objective of earning money or livelihood. Out of the given options, producing goods in a factory is done to earn profit, hence it is an economic activity, whereas charity, patriotism, and maternal care are non-economic activities.

Detailed Options Breakdown

Option : Production of goods in a factory (Correct Answer)

Correct choice. Refer to the step-by-step verified solution guidelines above for details.

Option 1: Playing games for recreation

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business, Trade and Commerce.

Option 2: Cooking food for family

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business, Trade and Commerce.

Option 3: Helping a blind person cross the street

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business, Trade and Commerce.

💡 Study Guide: This question tests core syllabus concepts from Business, Trade and Commerce. For formulas, key summaries, and mock exam reference guides, read the full Business, Trade and Commerce Revision Notes.

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