Types of Economic Activity [Copy]

Types of Economic Activity [Copy]

Published on 17 September 2021
  • Facebook
  • Twitter
  • Linkedin
Transcript
00:04
Economic Activity
00:06
Types of Economic Activity
00:09
3 Types
00:10
of Economic Activities
00:15
Business
00:16
Profession
00:18
Employment
00:22
Business , Profession & Employment
00:28
Business - Connected with production, purchase and sale of goods or services for earning profit
00:31
Profession - Activity require special knowledge and skills
00:33
Employment - People work for others and get remunerated in form of salary or wages
00:36
Thank You