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351 views62likes1:36:18StudyWithRitaSainiOriginal Release: 2026-05-09

Economic activities are classified into three main types: Business involves buying and selling goods and services on a regular basis with the objective of earning profit; Profession refers to economic activities conducted by individuals possessing specialized knowledge and skills, performed impartially to benefit society; Employment involves working under an agreement for salary or wages, serving others without requiring capital investment. Non-economic activities, such as propagating religion and social work, are undertaken for mental satisfaction rather than monetary gain.

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