explain economic activity class 9th
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economic activity is that activity which is done to earn money
eg: teacher teaching in school,father working in office etc
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Answer:
Activities we do to earn a living are economic activities.
Explanation:
If the activity is a form of livelihood for the person, and it generates him any form of income then it is an economic activity. For example, a labourer who toils the land and gets paid in crops, this is an economic activity.
When you employ any one of the factors of production and in return receive an income in form of , salary, rent ,etc., it will be in the category of economic activity.
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