7. Why
e economic activities ?
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economic activities create economic or financial gain by producing goods or services. Economic consideration is paramount in these activities because human beings want to satisfy their biological needs like food, shelter etc. Economic activities are undertaken with an economic motive.
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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.
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