Question

why is business considered an economic activity

Answer 1

Because Business refers purchase and sales of goods with objective of earning profit. Business activity is aneconomic activity because it is related with money.It is related with production purchase and sales of goods and services. It is considered aseconomic activity due to some reasons.

Answer 2

Because Business refers purchase and sales of goods with objective of earning profit. Business activity is aneconomic activity because it is related with money.It is related with production purchase and sales of goods and services. It is considered aseconomic activity due to some reasons.