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Economic activities are divided into which three categories?
ABusiness, profession, employment
BTrade, transport, telegram
CMining, milling, minting
DBuying, banking, bonding
Answer & Solution
Correct answer: A. Business, profession, employment
1. Each earns a livelihood in a different way.
2. One earns profit, one fees, one wages.
3. They are business, profession and employment.
_Source: NCERT Class 11 Business Studies, Chapter 1, Business, Trade and Commerce._
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