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Class 10 > Learn Class IX-X Tuition > What do you mean by Economic activities?
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What do you mean by Economic activities?

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Actions that envolves the production,distribution and consumption of goods and services at all levels withen a society is termed as economic activities.
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A Civil Service aspirant

A economic activity needs the satisfy the following characteristics. 1) it should have a seller 2) it should have a buyer 3) There should be an exchange of money
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All those activities bearing financial implications directly or indirectly are called economic activities
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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.
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Teaher

Economic activities means production, distribution and consumption of commodities.
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Activities which are undertaken by the people with the object of earning money are known as Economic activities..
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Software Engineer

Economic activities means production, distribution and consumption of commodities.
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