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questions & answers.
Q1.
Define the term business.
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Business means all those economic activities which are concerned with production and exchange of goods and services with the object of earning profits.
Q2.
Give two characteristics of business.
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answer not shownQ3.
Distinguish between industry and commerce.
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answer not shownQ4.
What is extractive industry?
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answer not shownQ5.
Define commerce.
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