Question

Which of the following is not an economic activity ?

• A. Agriculture
• B. Communication
• C. Poverty
• D. Transportation

Hint:

Economic activities are actions or processes (like farming, teaching, manufacturing, transporting). Conditions or states (like poverty, wealth, unemployment) are outcomes or problems related to the economy, but not activities themselves.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept:
An economic activity is a process that involves the production, distribution, or consumption of goods and services. The question asks to identify which option does not fit this definition.

Step 2: Detailed Explanation:
\[\begin{array}{rl} \bullet & \text{Agriculture: Involves the production of food and raw materials. It is a primary economic activity.} \\ \bullet & \text{Communication: Involves the provision of services like telephone and internet. It is a tertiary economic activity.} \\ \bullet & \text{Transportation: Involves the movement of goods and people, which is a service. It is a tertiary economic activity.} \\ \bullet & \text{Poverty: Is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. It is a social and economic problem or condition, not an activity that produces goods or services.} \\ \end{array}\]

Step 3: Final Answer:
Poverty is not an economic activity.