A.
1. What is meant by 'productive activity' or 'economic activities
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Explanation:
PRODUCTIVE ACTIVITY
PRODUCTIVE ACTIVITY usually is defined as including activities that have economic value in the marketplace. A more contemporary definition of productive activity includes any activity that produces a valued good or service, even if it is not actually paid for.
ECONOMIC ACTIVITIES
An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service.
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