Question

The same activity may be commercial as well as non commercial at different times or place . Comment​

Answer 1

Answer:

Explanation:

The given statement is true in many different aspects of economy. There are many activities which we carry out in our day to day life without thinking in commercial terms.

For example, lets consider food business. When we cook food for family consumption, it is definitely non - commercial. However, when some good cook commercializes it to reach out customers, it is a commercial activity generating revenue and taxes for the government.

People who are dependent on forests for livelihood utilizes forest product for their day to day life. However they may sell the same to commercialize it.

There are lots of scope in commercializing general day to day activities and generate income for the community.