Question

what is an economic activity please write in atleast 50 words​

Answer 1

Answer:

Here is your answer dear and please mark me as the brainliest........ Thnx

Explanation:

Economic activity is the process by which the stock of resources or stock of capital produces a flow of output of goods and services that people utilize in partial satisfaction of their unlimited wants. This process involves not only the production of goods and services but their distribution among the various members of the community. Since output is the flow of goods and services produced by the economy's capital stock, we must be clear about what we mean by the terms stock and flow if we are to understand the nature of capital and its relationship to output and income.

Answer 2

Answer:

here is your answer