If you need , to start doing an economic activity to earn livelihood for your family, which one would you like and why?

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1 Answers

Economic activities can be grouped under business, profession and employment. All the three have their own merits and demerits. Therefore, one will decide according to the conditions, he/she is facing. 

1. If one has enough funds to invest and he/she is a person who has an ability to take initiative and decision making then he/she will prefer business. 

2. If one has a professional degree and minimum funds to start their own practice, he/she will prefer to be a professional. 

3. If one has no such degree and no funds to start any venture of their own but some qualification to suit the requirement of a job, he/she will prefer employment.

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