Question

Make a list of activities in bus stand or a market place. How many of them are economic activities?

Answer 1

On my visit to a bus stand, I can witness the following activities:

1. Buses of various destinations are waiting for its passengers.
2. At the bus stand there is a big queue for the purchase of tickets.
3. People who have taken a halt are taking refreshments in a canteen.
3. The bus conductors are shouting for people to board the bus.
4. Hawkers are roaming to sell their items.
5. Beggars are busy with their begging.
6. There is too much hustle bustle in the area.

Out of these, the following can be called economic activity:

1. Hawkers selling their items.
2. People are purchasing tickets.
3. Beggars asking for money.
4. The bus conductors asking people to board the bus.

Answer 2

Answer:

Buying goods and services.

Selling of goods and services.

Production process carried out by a firm.

People purchasing bus tickets.

Beggars asking for money.

Explanation: