what is Business ? state the characteristics of business?
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The characteristics of business are :- Economic activity: Business is considered as an economic activity since it is carried out with the purpose of earning money. Buying and selling: Business involves buying and selling of goods and services. Goods produced for own consumption is not considered as business.
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The characteristics of business are :- Economic activity: Business is considered as an economic activity since it is carried out with the purpose of earning money. Buying and selling: Business involves buying and selling of goods and services. Goods produced for own consumption is not considered as business
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