Question

What do you mean by Economic Activity? Explain with example​

Answer 1

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. ... Employees working in a factory and receiving wages, for example, are performing economic activities.

Answer 2

Answer:

Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life. Any activity that includes manufacturing, distributing or utilising products or services