I. Short Answer Question.
3x3=9
1. Give two examples each of economic and non-economic activities?
2. Discuss the meaning of 'Genetic' and 'extractive' industries with the help of examples.
3. Discuss any three functions of commerce.
(OR)
State
any three features of business.
Answers
Explanation:
1.economic activity is teaching in school, business
Answer:
1. Transport, communication, trade, health, education and administration are example of tertiary activity. Non-Economic Activity : These are those activities which do not giveincome in return. They also do not contribute to the flow of goods and services in the economy. e.g.
2.Extractive industries are concerned with drawing out products from natural sources such as soil, sea and air. The products of such industries are generally used for producing finished goods.
Following are some of the examples of extractive industries
(i) Farming (ii) Mining (iii) Fishing
Whereas genetic industries are concerned with activities like reproduction, breeding and multiplication of animals and plants.
Following are the examples of genetic industries
(i) Agricultural activities for the production of crops (iii) Dairy farming
(ii) Animal husbandry (iv) Poultry