Question

make a list of activities that constitute the ordinary business of life . why are these called economic activities ??​

Answer 1

Answer:

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Answer 2

Answer:

The activities that constitute the ordinary business of life are:

→ Buying of goods and services.

→ Rendering services to a company by employees and workers.

→ Selling of goods and services.

Yes, the above mentioned activities are regarded as economic activities as it involve the exchange of money to earn livelihood.