The document discusses different types of economic activities including business, profession, and employment. Business activities involve the regular production and distribution of goods and services for profit. A profession requires specialized knowledge and training. Employment refers to work done regularly for others in exchange for a salary or wage.

3. MEANING
Activities undertaken with an
element of wealth as a major
motive are called economic
activities

4. TYPES OF ECONOMIC
ACTIVITIES
A. Business
B. Profession
C. Employment

5. BUSINESS
Those economic activities which are concerned
with the production and distribution of goods and
services carried on regularly with the object of
caring profit

6. PROFESSION
Those occupation for which specialized
knowledge and training are required

7. EMPLOYMENT
It refers to that type of economic activity in which
people engage in some work for others regularly and
get salary or wage in return of their services

8. THANKS