Question

What are economic activities what is the definition of economic activities?

Answer 1

Economic activities are related to production, distribution, exchange and consumption of goods and services. The meaning of economic is usually defined as of, relating to, or based on the production, distribution, and consumption of goods and services though it may vary depending on the situation withing ones country.

Answer 2

Economic activities are those activities which are done to earn money.

Types of economic activities:

1) Business

2) Profession

3) Employment

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