CLASS 11 ( Business Studies) Chapter-1 Nature & Purpose Of Business : Important Notes For Exam
CLASS 11 ( Business Studies) Chapter-1 Nature & Purpose Of Business : Important Notes For Exam All human beings have different types of needs. So to fulfill those needs they have to perform some activity. Human activities are classified into Economic & non-economic activities. Economic Activity Non-Economic Activity Those activities whose objective is to earn money and to create wealth. Those activities whose aim is not to earn money but to satisfy social and emotional needs. The main aim is to earn more and more profit. Main aim is to achieve mental satisfaction. EX. People working in any factories. Cooking food in a restaurant. A teacher teaching in a school. Ex. A housewife cooking food for her family. A teacher teaching hi