Question

what is the meaning of economic activity ?

Answer 1

Economic activities are related to production, distribution, exchange, and consumption of goods and service. The primary aim of the economic activity is the production of goods and service with a view to make them available to consumer

Answer 2

Economic activities are activities that relate to income generating activities .This are followed by a number of activities that are put in place to ensure production of goods and services is done while distribution is done as well.This activities lead to generation of income that is very important in the entire process .