Business Activity Quiz

The activity of distributing goods and services to consumers.

The act of producing goods and services for personal use.

The process of buying and selling goods and services.

The economic activity of creating goods and services to meet the needs and wants of society. (correct)

To meet the personal needs and wants of the business owner.

To create employment opportunities for the community.

To maximize profits for the business owner.

To generate value for society through the production and sale of goods and services. (correct)

Designer clothing

Food (correct)

Luxury car

Smartphone

<p>Luxury car</p> Signup and view all the answers

<p>Scarcity</p> Signup and view all the answers