Question

write a short note on economic activity

Answer 1

Economic activities are related to production, distribution, exchange and consumption of goods and services.

The primary aim of the economic activity is the production of goods and services with a view to make them available to consumers

"Human activities which are performed in exchange for money or money's worth are called economic activities."

In other words, economic activities are those efforts which are undertaken by man to earn Income, Money, Wealth for his life and to secure maximum satisfaction of wants with limited and scarce means.

E.g. A worker works in a factory and gets wages.

Answer 2

Heyy...
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 The primary aim of the economic activity is the production of goods and services with a view to make them available to consumer. "Human activities which are performed in exchange for money or money's worth are called economic activities."
hope it helps