What is the primary objective of undertaking economic activities?

Question

Economics · Basic Concepts of Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

To earn income and secure a livelihood

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Basic Concepts of Economics?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Basic Concepts of Economics

Mahatma Gandhi's last fast unto death in 1948 was primarily against which of the following?

What was the primary meaning of 'Swaraj' as popularized by Mahatma Gandhi during India's independence movement?

What was one major impact of India’s independence on its economy?

Answer 1

To provide employment opportunities only

Answer 2

To earn income and secure a livelihood

Answer 3

To produce physical goods only

Answer 4

To consume goods and services

Related Practice Questions