BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Playing games, dancing, donations to temples are economic activities.
A
True
B
False
Explanation: 

Detailed explanation-1: -Activities which do not have any economic motive and are performed with a feeling of love, sympathy, humanity and patriotism are known as non-economic activities. e.g. playing, dancing, giving donation, a housewife cooking food for family, or a boy helping an old man cross the road etc.

Detailed explanation-2: -Expert-Verified Answer (i) When a person plays football or any other games with his or her friends, then it is a non-economic work.

Detailed explanation-3: -So all religious, charitable, social, patriotic, recreational activities are non-economic activities.

Detailed explanation-4: -One can broadly classify five distinct examples of economic activities. These activities are producing, supplying, buying, selling, and the consumption of goods and services.

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