Question

10.What is an economic activity?​

Answer 1

economic activity

Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life. Any activity that includes manufacturing, distributing or utilising products or services.

Answer 2

Economic activities are those steps related to the consumption of goods and services and activities in which money is exchanged for a product or service. Economic activities are performed for the purpose of making money, gaining wealth, and creating and producing items that can be offered to the public for sale