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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


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

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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