Short Answer Questions
1. List any five major commercial cities of ancient
2. What is Hundt?
3. List the major exports and imports in ancient In
4. What were the different types of Hundi in use
5. What do you understand by maritime trade?
6. State the different types of economic activities.
7. Why is business considered as economic activity
8. State the meaning of business.
9. How would you classify business activities?
10. What are the various types of industries?
Answers
1 . Pataliputra.
Taxila.
Indraprastha.
Mohenjodaro.Primary sector- farming, mining, fishing, foresting, animal husbandry flower cultivation, etc.
Secondary sector- construction work, manufacturing, tailoring, working in industry like working in match factory etc.
Tertiary sector-banking, transportation, communication, financing, courier, astronaut, etc.
Mathura.
2 . German: metonymic occupational name for a keeper of dogs for hunting or other purposes, or derogatory nickname, from Middle High German hund 'dog'.
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
3 . The major exports in ancient India were spices, fine silks, muslin, spices, indigo, perfumes, iron, steel, medicinal herbs, sandalwBusiness is considered to be an economic activity because it is undertaken with the aim of earning money or livelihood and not because of any sentimental reason like love, affection or sympathy.ood, pearls, ivory, and more. The major import items were wines, pigments, glass-vessels, expensive vessels of silver, horses, copper, silver, rubies and more.
4 . Maritime trade refers to trading or shipment of goods via sea or other waterways. ... were important ports which facilitated maritime trade in India.
5 . Primary sector- farming, mining, fishing, foresting, animal husbandry flower cultivation, etc.
Secondary sector- construction work, manufacturing, tailoring, working in industry like working in match factory etc.
Tertiary sector-banking, transportation, communication, financing, courier, astronaut, etc.
6 .Primary activities.
Secondary Activities.
Tertiary activities.
Quaternary services.
7 . Business is considered to be an economic activity because it is undertaken with the aim of earning money or livelihood and not because of any sentimental reason like love, affection or sympathy.
8 . A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
9 . Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.
10 . There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing. Secondary industry involves manufacturing e.g. making cars and steel.
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