Question

What is economic activities ???? Write it's characteristics??​

Answer 1

DEFINITION OF ECONOMICS ACTIVITY:::

The activities which are carried on with an intention to earn money to satisfy want, it and which can be measured in money are called as economic activity.

CHARACTERISTICS OF ECONOMIC ACTIVITY::::

1. These activities are performed with a view to earn profit .

2. These activities can be measured in terms of money.

3. All the legal activities carried on by men to earn money comes under economic activities .

4. Economic activities are social activities .

5. All the economic activities include general activities performed by men .