The ordinary meaning of the word business is busyness that is any activity in which a man is busy a man maybe busy into kind of activity economic and non economic and economic activity did not work of all directed toward the production of wealth in other word economic activity is aimed at profit economic activity of a man is called Business business there for me is the production of purchase of good with a view to sell them at profit beside if services are rendered on payment to other they shall be included in Business business will be defined as human activity directed towards reducing or acquiring wealth through buying or selling of good and services that are business include trade commerce and industry the process of buying and selling of gold scottrade such an activity may be carried on with in our country when it is called home or domestic trade it may be called for an international trade when it is carried on between two different countries to help read some facilities Sachin storing grading financing transporting and ensuring are needed these are called commerce industry implies all those process which are responsible for the extraction and production of goods which are sold for either ultimate conception of further production
