Question

why business be called an Economic Activity?​

Answer 1

Economic activities are those by which we can earn our livelihood. Business is an example of an economic activity. Business may be defined as an economic activity involving the production and sale of goods and services undertaken with a motive of earning profit by satisfying human needs in society.

Explanation:

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Answer 2

Answer:

Business is considered an economic activity because it is concerned with production,

purchase, sale or distribution of goods and Services with an aim of earning profit.