Understanding the Market — Entrepreneurship STD 11 Commerce — Question

A young man was passing through a site of construction. He saw three labourers working at the site. He went to one of them and asked “What are you doing here?” The worker answered, Don't you see? I am making out a living. I am working to earn.”
The young man moved towards the second man and asked him the same question.
Pat came the reply Don't you see? I am constructing a wall”.
The young man moved towards the third man & repeated the question.
The labourer replied Don't you see? I am building a beautiful mansion”.
All the three were doing the same work, then what differentiates them?

'Entrepreneurship is the need for a country, justify with the help of any two points.

Give the examples of businesses that fit the authoritarians.

A civilised society considers certain qualities as important for happy and healthy living. State these qualities.

Name the industry which is related with the reproduction and multiplication of certain species of animals and plants with the objective of earning profits from their sale.

Name some product based business ventures.

All businesses need certain basic resources. Name those resources.

Define 'financial planning’.

There are many factors which affect an enterprise's capital structure. State anyone.

Till how long are the Authoritarian successful?