Question

In economics gambling is economic activity or non economic activity?

Answer 1

Answer:

gambling is an economic activity as the economic activities are those in which we get money as in this case

and secondly gambling will create the shortage in market and increase in demand of goods for consumers so it is an economic activity

Answer 2

Answer:

Answer:

Yes

Earnings through gambling would be considered as an economic activity by the ongoing economic census if casinos are permitted by the state government. He said that in the states where casino gambling is illegal, the activity would not be covered under the census.

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