State True or False.

1) Business is an economic activity.
Ans:- True

2) Every profession is practiced for earning money.
Ans:- True

3) Primary industries are concerned with nature.
Ans:- True

4) Trade includes commerce.
Ans:- False

5) Warehousing removes difficulty of time.
Ans:- True

6) Trade includes buying and selling of goods and services.
Ans:- True

7) Profit leads to increase in overall efficiency of the organization.
ans:- True

8) Plant nursery is an example of extractive industry.
Ans:- False

9) Industry creates form utility.
Ans:- True

10) Retailer is the link between manufacturer and wholesalers.
Ans:-False