Social Sciences, asked by iamdivyanshgarg, 6 months ago

what do you mean by economic activities explain using example​

Answers

Answered by Arpit10072005
3

Answer:

definition

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.

Example

Employees working in a factory and receiving wages, for example, are performing economic activities. Their employers are also economically active because they pay the workers and make and sell goods.

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