explain economic activities
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Actions that involve the production, distribution and 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 inflation and interest rates.
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Meaning ↓ Economic activities are related to production, distribution, exchange and consumption of goods and services. The primary aim of theeconomic activity is the production of goods and services with a view to make them available to consumer.
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Meaning ↓ Economic activities are related to production, distribution, exchange and consumption of goods and services. The primary aim of theeconomic activity is the production of goods and services with a view to make them available to consumer.
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