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Find out the incorrect:
  • a)
    Economic Activities are drive by nationality.
  • b)
    Economic Activities are guided by self-interest.
  • c)
    Non-Economic Activities are driven by emotional or sentimental force.
  • d)
    Non-Economic Activities are not at all important in life .
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Find out the incorrect:a)Economic Activities are drive by nationality....
Explanation:

Economic Activities:

Economic activities are the activities that involve the production, distribution, and consumption of goods and services. These activities are driven by self-interest. Individuals engage in economic activities to satisfy their needs and wants. The following points explain the characteristics of economic activities:

- Economic activities are driven by self-interest: People engage in economic activities to satisfy their needs and wants. They make choices based on what they believe will benefit them the most.
- Economic activities are guided by rationality: People engage in economic activities based on their rational thinking. They evaluate the costs and benefits of different options before making a choice.
- Economic activities are influenced by incentives: People respond to incentives. They are more likely to engage in economic activities if they believe that the benefits outweigh the costs.

Non-Economic Activities:

Non-economic activities are the activities that do not involve the production, distribution, and consumption of goods and services. These activities are driven by emotional or sentimental force. The following points explain the characteristics of non-economic activities:

- Non-economic activities are driven by emotional or sentimental force: People engage in non-economic activities based on their emotions and sentiments. They may engage in non-economic activities to show love, care, or respect to others.
- Non-economic activities are not guided by rationality: People engage in non-economic activities without thinking much about the costs and benefits. They may engage in non-economic activities even if they do not benefit from them.
- Non-economic activities are important in life: Non-economic activities play an important role in shaping human behavior and relationships. They help people build social connections and emotional bonds.

Incorrect option:

The incorrect option is D. Non-economic activities are not at all important in life. This statement is incorrect because non-economic activities are important in life. They help people build social connections and emotional bonds. Non-economic activities are essential for human well-being and happiness.
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Find out the incorrect:a)Economic Activities are drive by nationality....
D
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Find out the incorrect:a)Economic Activities are drive by nationality.b)Economic Activities are guided by self-interest.c)Non-Economic Activities are driven by emotional or sentimental force.d)Non-Economic Activities are not at all important in life .Correct answer is option 'D'. Can you explain this answer?
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Find out the incorrect:a)Economic Activities are drive by nationality.b)Economic Activities are guided by self-interest.c)Non-Economic Activities are driven by emotional or sentimental force.d)Non-Economic Activities are not at all important in life .Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Find out the incorrect:a)Economic Activities are drive by nationality.b)Economic Activities are guided by self-interest.c)Non-Economic Activities are driven by emotional or sentimental force.d)Non-Economic Activities are not at all important in life .Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find out the incorrect:a)Economic Activities are drive by nationality.b)Economic Activities are guided by self-interest.c)Non-Economic Activities are driven by emotional or sentimental force.d)Non-Economic Activities are not at all important in life .Correct answer is option 'D'. Can you explain this answer?.
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