Employment is an economic activity carried out with the objective of earning profit.
Employment as an Economic Activity:
Employment refers to the engagement of individuals in productive work or activities in exchange for compensation, typically in the form of wages or salaries. It is a fundamental economic activity that plays a crucial role in the functioning of economies and societies. Here are some key points about employment as an economic activity with the objective of earning a profit:
1. Economic Activity: Employment is considered one of the core economic activities in any society. It involves the utilization of human labor and skills to produce goods or provide services that are in demand in the market.
2. Objective of Earning Profit: In the context of businesses and entrepreneurship, employment is often carried out with the primary objective of earning a profit. Profit is the surplus income generated by a business or enterprise after deducting all costs and expenses, including employee wages.
3. Types of Employment: Employment can take various forms, including full-time, part-time, temporary,
_________ ____ __________ __________ _____ ___ ___ __________ ________.
____ _____ ______ _______ ______ ________ ____.
________ ________ __________ _______ ___ ________ _________.
____ _____ _________ _________ _________ ______ _________ ___ ______ _________.
________ __________ ___ _____ _____ ___ ____ ________ ______.
____ ___ ___ _______ ________.
_______ _____ _____ ________ _________ _______ ______.
__________ _____ _____ _______ ______ _____ ____.
__________ __________ ________ ___ ________ ________ ________.
______ __________ _____ ______ ___ _______.
____ ________ ___ ________ __________.
_________ ____ __________ ________ ___.
__________ _______ __________ ______ __________ ______ __________ ___ _______.
______ __________ ___ __________ ___ __________ __________.
___ _____ _________ ________ ___ _________ __________ _______ ________ ________ ___.
_______ ____ _________ ____ _____ ___ ___ _______ ___ ____ _________.
_______ ____ __________ ____ _________ ____ _____.
_____ ____ ______ _________ __________ ____ ___.
___ ___ _____ _______ _________.
_______ ________ __________ _______ ________ ___ ___ ___ ____ ___ ______.
_________ ______ _____ ________ ________ ______ ______ ________.
____ __________ _______ ____ ____.
___ ______ ______ ________ ____.
__________ ___ __________ ______ ________ _____ __________ ________ ____ __________ _________.
________ _________ _________ ________ _______ ______ ________ ____ _________.
_____ __________ ________ _________ _____.
______ ________ _________ ____ __________.
__________ ____ ______ ______ ______ __________ _____ ________ ______.
____ _________ ____ __________ ___ _____.
________ _________ _______ __________ _______ __________ ________ _________.
____ ___ _______ __________ _________ ____ ______.
______ _________ ____ ________ _______ _______ _________.
____ ___ ____ _______ ___ ___ ____ _______ _____ ___ ___ ________.
_________ _________ _________ ________ __________ _____ ___ _____ ______ ___.
____ ________ _________ _____ __________ ______ _______.
___ _______ _______ _______ ___ ____ ___ ____ ______ _____ ____.
___ _______ ____ _____ ____ _________ ____ _________ ______ ________ _________.
________ _______ _________ ____ __________ ___ _____.
____ _________ _______ ___ ______.
_____ ___ ______ ___ __________ __________ ________ _____ ______.
________ _____ _________ ____ __________ __________ ______ ________ __________.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
✓ Unlock up to 60% of the answer
✓ No payment required