what types of economic activity is the work of a character a
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Answer:
The following are the characteristics of economic activities:
Wealth Producing Activities:
Satisfying Human Wants:
Money Income:
Developmental Activities:
Proper Allocation of Resources:
Optimum Use of Resources:
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Explanation:
We all have heard the saying “All work and no play makes Jack a dull boy”. But how do we categorize what is work and what is play? In economics, we categorize all human activities into two broad categories – economic activities and non-economic activities. Let us take a look at the meaning and some examples of economic activities.
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