Question

what do you mean by economic activities

Answer 1

The different activities carried out by people to create goods and services which help in increasing the national income of a country is known as economic activities.

Answer 2

Activities performed to earn livelihood and having economic motive are termed as economic activities .These activities are concerned with the production,exchange and distributions of goods and services .The engagement of people in business ,profession and employment are economic activities .These activities are rewarded in monetary terms.