Question

choose the correct options :
1) Economic activities can be classified into four types:
(a) production
(b) Entrepreneur
(c) Exchange
(d) Distribution​

Answer 1

Answer:

I think so (b) is correct

Answer 2

Concept

Economic activities are the activities that are related to the producing goods and services in an economy.

Given

Economic activities can be classified into four types that are production, entrepreneur, exchange and distribution.

Find

Economic activities are classified into the following types.

Solution

• Production means converting raw material into the finished goods.

• Entrepreneur is the person who controls the business in their hands.

• Exchange means the goods and services are brought and sold.

• Distribution means the goods and services are traded between two persons.

Hence, the correct options are production, exchange and distribition.