2. Humans are engaged in different types of work
which are known as human activities. These
are classified as follows:
Types of
Activities
Economic
activities
Business
Profession
Employment
Non-Economic
activities
Parental
activities
Charitable
activities
3.
4.
5. The word business is derived from the term
“busy”.
It refers to activities which are concerned with
the production , purchase , sale and supply of
goods with the motive of earning profit.
Business is a human activity directed towards
producing or acquiring wealth through buying
and selling of goods.
L.H.HANEY
6.
7. A profession is an occupation where
individuals with specialized knowledge and
qualification provides specialized services to
the common masses.
8. People are hired to work regularly by
organizations. Salaries or wages are paid to
employees in exchange for the work or service
provided to a companies-Office clerks