1.

Write a word or phrase or a term which can substitute each of the following:1. Human activities conducted for earning money.2. Activities that are done for mental satisfaction and not for monetary rewards.3. Monetary returns earned by a professional for rendering expert services.4. The process of making goods, products or services available for use or consumption by a consumer.5. Goods exchanged for goods.6. Goods exchanged for money’s worth.7. The person who employs the worker.8. Best possible use of resources in the business.9. A type of trade that sells the goods directly to ultimate consumer.10. Trade that takes place between the traders of two different countries.

Answer»

1.  Economic Activities

2. Non‐Economic Activities

3.  Fees

4. Distribution

5.  Barter Exchange

6. Monetary Exchange

7.  Employer

8. Optimum utilization

9.  Retail Trade

10. External Trade   



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