Question

explain the following concepts
(1) business
(2) profession
(3) employment
(4) home trade
(5)foreign trade
(6)economic activities
(7)non economic activities​

Answer 1

1. An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product
2. A profession is something a little more than a job, it is a career for someone that wants to be part of society, who becomes competent in their chosen sector through training; maintains their skills through continuing professional development (CPD); and commits to behaving ethically, to protect the interests of the ...

Employment Definition: A contract in which one person, the employee, agrees to perform work for another, the employer. Related Terms: Employee, Employer, Employment at Will.

Answer 2

Answer:

1)buying and selling as a way of earning money;

2)a job that needs a high level of training and/or education

3)Employment is an agreement between an employer and an employee that the employee will provide certain services on the job

4)Home Trade, also known as Domestic Trade or Internal Trade can simply be defined as the act of buying and selling of goods and services within the boundaries of a country. In home trade, a single currency is used as means of exchange.

5)International trade is the exchange of capital, goods, and services across international borders or territories

6)Economic activity is the activity of making, providing, purchasing, or selling goods or services

7)Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain