Question

A. Very short answer type questions.
1. What is meant by 'productive activity' or 'economic activity'?​

Answer 1

Explanation:

So an economic activity must be productive in nature, it must involve some aspect of the production of goods and/or services. ... A worker in a factory is producing goods, a software engineer is providing services, a teacher also produces services. Similarly, farming is an economic activity as again it helps in production.