what are economic activities
Answers
Answer:
An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service. ... may carry out one or more economic activities, but each unit has only one main activity.
Answer:
Economic activity is the activity of making, providing, purchasing, or selling goods or services. Any action that involves producing, distributing, or consuming products or services is an economic activity. ... Additionally, any activities involving money or the exchange of products or services are economic activities.
The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and service industries which exist to facilitate the transport, distribution and sale of goods produced in the secondary sector (tertiary).
Explanation:
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