A business can be described as a(n):

• A. government agency that regulates commerce
• B. non-profit entity focused solely on charitable activities
• C. personal savings account used for investment
• D. organization that provides goods or services to earn a profit

Answer: (D)

Verified step by step guidance

1. Understand the definition of a business: A business is an organization that provides goods or services with the primary goal of earning a profit.
2. Eliminate incorrect options: Review each option provided and determine if it aligns with the definition of a business.
3. Option 1: 'Government agency that regulates commerce' - This is incorrect because government agencies are not businesses; they are regulatory bodies.
4. Option 2: 'Non-profit entity focused solely on charitable activities' - This is incorrect because non-profit entities do not aim to earn a profit, which is a key characteristic of a business.
5. Option 3: 'Personal savings account used for investment' - This is incorrect because a savings account is a financial tool, not an organization providing goods or services. The correct answer is the fourth option: 'organization that provides goods or services to earn a profit.'