Question

what is an economic activity​

Answer 1

Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life.

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Answer 2

Answer: This may help you

Explanation:

Economic Activities implies all the activities of producing, distributing, trading, consuming, exchanging and supplying, goods and services of value, at any level, in a society, for monetary consideration.

These activities are undertaken with the aim of making money, acquiring wealth, earning a livelihood, and generating income from different sources.

The economic activity in a country, its degree and forecasts thereof can be measured through the Gross Domestic Product (GDP). The level of economic activity in an economy decides whether the economy is growing or shrinking.