Answer:
Ans. Economic activities can be grouped under business, profession and employment. All the three have their own merits and demerits. Therefore, one will decide according to the conditions, he/she is facing. (a) If one has enough funds to invest and he/she is a person who has an ability to take initiative and decision making then he/she will prefer business. (b) If one has a professional degree and minimum funds to start their own practice, he/she will prefer to be a professional. (c) If one has no such degree and no funds to start any venture of their own, but some qualification to suit the requirement of a job, he/she will prefer employment.
You need to login to perform this action.
You will be redirected in
3 sec