Question

What is meant by economic activity?

Answer 1

Actions that involve the production, distribution, and consumption of goods and services at all levels in society is known as economic activity.

Answer 2

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The economic activity of a production unit is the process that leads to the manufacturing of a product or the provision of a service.

The classification of economic activities in force in France is the French classification of activities (NAF rev. 2 in force since 1 January 2008).

In most statistics, the principal activity of a company or of a local unit or an establishment is identified; this is a classification by sector.

In statistics relative to the employed population or to employment by activity, individuals are classified according to the principal activity of the establishment or company that employs them. This establishment may be different from the one where they work, particularly for temporary employees and employees of cleaning and material maintenance service companies.