Economy, asked by anujkundup9lodv, 1 year ago

Describe in detail about various economic activities of your locality.

Answers

Answered by Wafabhatt
20
Thank you for this question. 

Economic Activity is the production, distribution and consumption of goods and services. Economic activity is the base of any society. 

Economic activity in my locality are: 

(i) Agricultural Production: India is an agricultural country which has food production in all its regions. 

(ii) Fishing: Being in a coastal city, fishing is a common economic activity.

(iii) Sole Businesses: There are small shops of products of daily use in my locality. These products are in high demand as they are needs.

(iv) Services: Most people provide their services such as teaching, writing, laboring etc in my locality. 
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