Question

Explain three feature of economic activity

Answer 1

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Economic activities involve

• production, distribution and exchange of goods and services for satisfying human wants.
• These activities are directly related to creation of wealth.
• Economic resources: Economic activities make use of economic resources such as land, labour, capital, etc

Answer 2

Answer:

here your answer

Explanation:

1) Economic activities involve production, distribution and exchange of goods and services for satisfying human wants.

2) These activities are directly related to creation of wealth.

3) Economic resources: Economic activities make use of economic resources such as land, labour, capital, etc.