Podcast
Questions and Answers
Which one of the following is the main reason why people engage in economic activities?
Which one of the following is the main reason why people engage in economic activities?
- To gain social recognition
- To fulfill their personal interests
- To pursue their hobbies
- To earn their livelihood (correct)
What is the term used to describe human activities that are performed for the purpose of earning one's livelihood?
What is the term used to describe human activities that are performed for the purpose of earning one's livelihood?
- Economic activities (correct)
- Leisure activities
- Non-economic activities
- Social activities
Which of the following is NOT mentioned as a possible career choice?
Which of the following is NOT mentioned as a possible career choice?
- Engineer
- Teacher (correct)
- Doctor
- Dancer
What is the role of profit in business?
What is the role of profit in business?
What will you learn in this lesson?
What will you learn in this lesson?