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Class 11 Business Studies Chapter 1 | Business, Trade & Commerce Part 2 (Animated) ✔️ Class: 11th Commerce ✔️ Subject: Business Studies (CBSE/NCERT) ✔️ Chapter: 1 - Business, Trade and Commerce PART 1 VIDEO LINK : • Business, Trade & Commerce | Class 11 Busi... 📝 Video Overview: Welcome to Part 2 of Chapter 1! This animated video simplifies Business, Trade, and Commerce concepts to help you ace your CBSE Term 1 and Term 2 exams. We cover the essential components of business activities and the risks involved, perfect for quick revision and Board Exam preparation. This video, "Class 11 Business Studies (BST) Chapter 1 | Business, Trade & Commerce | Part -2 (Animated)", explains business activities, dividing them into Industry and Commerce (0:07). The video covers the following key topics:❤️ Industry: 🏗️ Definition: Production of goods using natural resources, converting raw materials into finished goods (0:17-0:28). Types of Industry: Primary Industry: Directly related to nature, using natural resources (e.g., agriculture, fishing, mining, forestry) (0:38-0:56). Secondary Industry: Processes raw materials into finished goods (e.g., converting cotton to cloth, iron to steel) (0:59-1:14). Tertiary Industry (Service Industry): Provides services like transport, banking, insurance, communication, and warehousing (1:16-1:30). Commerce: 🚚 Definition: Helps deliver goods from industry to consumers (1:33-1:41). Divisions of Commerce: Trade: Buying and selling of goods and services (1:52-1:55). Internal Trade: Goods transferred within the country (e.g., wholesale and retail trade) (1:58-2:26). External Trade: Exchange of goods and services between countries (2:26-2:32). Aids to Trade (Auxiliaries to Trade): Activities that facilitate smooth trade (2:34-2:40). Transport: Safe and timely movement of goods (2:49-2:53). Banking: Facilitates safe financial transactions (2:56-3:04). Insurance: Reduces business risks (e.07-3:15). Warehousing: Safe storage of goods for supply when needed (3:17-3:25). Business Risks: ⚠️ Natural Risk: Caused by nature (e.g., floods, earthquakes) (3:31-3:34). Human Risk: Caused by people (e.g., strikes, theft, fraud) (3:37-3:44). Economic Risk: Due to changing market conditions (e.g., decreased demand, increased competition, price drops) (3:47-3:52). Political Risk: Due to changes in government policies, tax rules, or laws (3:55-4:01). Steps to Start a Business (Business Setup): Selection of Type of Business: Deciding the business structure (sole proprietorship, partnership, or company) (4:10-4:17). Selection of Location: Choosing a place with easy access to market, transport, and resources (4:19-4:28). Financial Planning: Deciding required capital and funding sources (4:31-4:37). Our Queries : Business Trade and Commerce Class 11 Class 11 Business Studies Chapter 1 Business Definition and Characteristics Economic vs Non-Economic Activities Difference between Business Profession Employment Class 11 Commerce Animated Video BST Chapter 1 Explained Business Studies for Class 11th Commerce Class 11 ch 1 bst class 11 BST ANIMATED VIDEO 📚 About this Tutorial: This video is designed for Class 11 Business Studies students following the NCERT syllabus. If you are searching for an explanation of business services or a complete revision of Chapter 1 BST, this animation covers it all. We break down complex topics like the role of profit in business and the classification of business activities into simple, easy-to-understand visuals. 🔔 Subscribe for Chapter 2: Forms of Business Organisations (Animated video) I LEARNED FROM THESE TEACHER ❤️@Rajataroraofficial ❤️@commerceking-gauravjain ❤️@sunilpandaofficial ❤️@NextToppers11thCommerce #Class11BusinessStudies #Chapter1 #BusinessTradeCommerce #CBSE #CommerceClass11