Question : Which of these is not a part of the classification of economic activities carried out in an economy?
Option 1: Production
Option 2: Consumption
Option 3: Distribution
Option 4: Law and order
Correct Answer: Law and order
Solution : The correct option is Law and order .
Law and order maintenance is not classified as part of economic activities. Maintaining law and order falls under the purview of governance, public administration, and the justice system, which are considered non-economic activities. While crucial for a stable and functioning society, they are distinct from economic activities that directly contribute to the production, and exchange of goods and services.
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