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Presented By:
Ms. Komal Mahajan
Asst. Prof. in Commerce
PRESENTATION ON ECONOMIC
ACTIVITES
Economic
Activities
Business
* Buying and Selling
* Industry
* Transport
* Insurance
* Telecommunications
Profession
* Law
* Medical
*Chartered Accountancy
* Company Secretaryship
Employment
* Manager
* Supervisor
* Worker
*Foreman
Classification of Economic Activities
Economic Activities are carried
out to make money out of it.
ECONOMIC ACTIVITIES
Business refers to the economic activities
related to buying and selling of
goods/services carried out regularly to
earn profit while bearing risks of loss.
The ultimate aim however, is to satisfy
the customers.
1. BUSINESS
Business
Activities
Industry
Commerce
CLASSIFICATION OF BUSINESS
ACTIVITIES
Industry includes all the activities which
are undertaken to convert raw materials
into finished products.
INDUSTRY
Types of
Industry
Primary
Industry
Genetic
Industry
Extractive
Industry
Secondary
Industry
Manufacturing
Industry
Constructive
Industry
Tertiary
Industry
TYPES OF INDUSTRY
Primary Industry includes all those
activities through which natural
resources are used as or to provide raw
materials to other industries.
PRIMARY INDUSTRY
Secondary Industry includes all those
activities which use raw materials from
Primary Industry to convert them into
finished product.
SECONDARY INDUSTRY
Tertiary Industry includes activities
which produce services.
TERTIARY/SERVICE INDUSTRY
Commerce includes all those activities
which are undertaken in moving goods
from place to production to place of
consumption.
COMMERCE
Commerce
Trade
Aids to
Trade
COMPONENTS OF COMMERCE
Trade refers to purchase and sale of
goods with the motive to earn profit.
TRADE
Trade
Home
Trade
Local
Trade
State
Trade
National
Trade
Foreign
Trade
Import Export Entreport
CLASSIFICATION OF TRADE
HINDRANCES SOLUTIONS
Persons Middlemen
Place Transport &
Communication
Time Warehousing
Risk Insurance
Finance Banking
Information Advertising
AIDS/AUXILIARIES TO TRADE
Profession refers to the economic activity
requiring specific qualifications,
education and experience, while
following the Code of Conduct. It is
carried out with the purpose to serve
society and making money in the form of
Fee.
2. PROFESSION
Employment refers to the economic
activity wherein subordinate works for
superior under a contract/agreement
with a motive to earn salary/wages.
3. EMPLOYMENT
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Presentation on Economic Activites