Business is a part of economic activities.
justify the statement
Answers
Actions that involve the production, distributionand consumption of goods and services at all levels within a society. Gross domestic product or GDP is one way of assessing economic activity, and the degree of current economic activity and forecasts for its future level can significantly impactbusiness activity and profits, as well as inflationand interest rates.The economic activity in the region was being analyzed by our team and we had concluded it would be great to enter the market.
There was some new economic activity going on in the area and it made me excited at the thought of new activities and opportunities.
You should try and follow all of the economic activity so that you know how it might affect your business.
Answer:Economic activities are those human activities with are undertaken to earn money,livelihood,etc
Explanation:
1).Business represent organised efforts by an individual or a group of individuals
2).It satisfies multiple needs of society
3).Business activities are all those human activities which are directed towards production and processing wealth
Hence,business is the part of an economic activity