If business is an exchange of goods and services, what is the business the following organizations do? -

a) a high school b) a hospitalc) A gram panchayat

Business is not just about exchange of goods and services. It is more than that.Business done by a high school isproviding Education and taking money for providing the service - education.Business done by a hospital isagain providing Health and taking Wealth (money) for providing the service - Health.Business done by a gram panchayat isproviding basic services to people living in that particular area and taking money as a fees from local people and Government (again Govt is going to spend our tax money only).