What do u mean by economic activities . Explainthe types of human 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.
Classification of human activities - definition
Human activities can be classified as Economic and Non-Economic Activities. An economic activity involves the production, distribution and consumption of all goods and services. A non economic activity in done with no intention of earning a profit or any money.
Explanation:
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Explanation:
An economic activity involves the production, distribution and consumption of all goods and services. These activities are those by which we can earn our livelihood. The characteristics of economic activities are as follows: They are wealth producing activities. They satisfy human wants.