Question

define economic activities highlight the two types economic activities

Answer 1

hii dear .....


the primary aim of the economic activity is the production of goods and service with a view to make them available to consumers human activities which are performed in exchange for money or Money's worth are called economic activity

the economic activities are:-
* primary sector i.e. agriculture fishing etc
* secondary sector i.e. manufacturing
* treasury sector i.e. communication banking etc

Answer 2

Answer:

Economic activities are those activities which add value to the national income. The two types of economic activities are:  

1. Market activities. These are those activities which involve remuneration to those who perform the activities for wages or profit.

2. Non-market activities. These activities refer to production activities which are performed for self-consumption and processing of primary products and own account production of fixed assets.