Business Studies, asked by shanicar33500, 10 months ago

why business be called economic activity ?

Answers

Answered by thankyebo12

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.

Explanation:

What are Economic Activities? Economic activity is an activity of providing, making, buying or selling commodities or services by people to satisfy day-to-day needs of life. Any activity that includes manufacturing, distributing or utilising products or services.

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