Question

Very Short Answer Type Questions
1. What is an Economic Activity?​

Answer 1

Answer:

An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service.

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Answer 2

Answer:

Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life. Any activity that includes manufacturing, distributing or utilising products or services.

Explanation:

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