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STUDENTS NAE, CLASS, ROLL No., 8th Social Science, BUSINESS STUDIES, CHAPTER-I, Components of Business Studies., Poofession, 2., 2, Barleri, Sichal 3l Central bank, 4 Agricutural, 5 Geographical discoveries, rates, taxes,, 5, 6., duties, Answer the follo wing, L what is económic activity?, A The activities which are concerned with, the production and exchange of, land services, actives., goods, are called, economic, 2.Give the meaning of trade and commerce, Am Trade: Trade is nothing but the buying, and selling of goods., Commerce: Commerce includes Trade and, also aids -to trade like transport, banks, warehouse, ad vertisement, nsurance, etc., Scanned by TapScanner
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3 what is, exchange?, An The direct, meant by Barter system of, exchange, of goods, for, spoods, or other s is called Barter' Syslem, things, 4 what is the paofesson?, And The profession is mainly Concerned with, the rendering of Specialized technical and, pm personal servicer, Ex:, :Jawyers, Doctorer ec, C, 5, what are, aids to trade 9 Name them?, 2, Am Many factors help to the progress of, trade these are' Called aš dids to trade, The important aids to Trade are;, Transport, Banks, 3 Warehouses, 4 Advertisements, 5 Insuran Ce, are Craft guilds 2, 2, etc ..., 6 what, To fulfill the requirements of the, agricuturists, some craftsThey' become professional, Craftmen Such as carpenters, builders, potters etc..., some people started to do, weavers, Scanned by TapScanner
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STUDENTS NME, CLASS, ROLL No., DATE, TTAnswer each of the following questions, पुर्वचट व, production and exchange play, in a, 1 How do, Very important role in our, daily life ?, a, Ans: A The distribution of goods and services, is called an exchange., * Exchange is, and consuption -, * During the, Producers take into .consideration of, market, trans port, advestisement etc., * Money has taken, a propminent, role, a link, between production, courre of production the, as, medium of exchange -for goods, a, 女, The exchange system has' become, the toundation for business:, Explain the different tupes of economic, वकजीय, Am Economic activities can be classiied, into three ty pes. They are., 2 Business: It is mainy concerned with, the production and exchange of goods, Services., 2 profession: specialized technical and, personal services Gike, doctors, lawyers, charted accountednts have Come Under, profession, 3 Employment: It is the work, by the people under an employer for, Salary or wages, ex: factory labores, Agricultural laborers, ets ., undertaken, Scanned by TapScanner, 2.
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3 what are the di-fficuties of Rarter, System of exchange?, money, ttow has, solved thete problems?, of the Barter, An: The important problems, system" of exchange were, * Lack of double coincidence of wants, *, * Lack of Common measure of Vala, * Difficutty of sub-division, * Difficulty'to store the goods, transport, arnira Money is actedas the media, of exchange, after a series of experiment, today, paper money is playing, a, major, 'role., Gke cheque, DD, Bank currency, Credit card Debit card.. etc playing, major role in, which, evolution? Briefly explain:any one, Ans stagey of economie, erolution, 21st Century., 4., are the imporA ant stages of economc, Important, are, 1. Hu, thunting and fishing Stage, boo, o02 pastoral Stage, 3 Ågricultural stage, 44andicraft stage, 5 Barter system stage, 6 Money economy stage, 7 Town economy Stage, 8 Internationad Frade, stage, 191d4, Scanned by TapScanner
