
1. Economic Activities
2. Non-economic Activities
1. Economic Activities: Meaning and feature
The activities which are undertaken to earn a living are known as economist activities, the main objective of such activities is creating the wealth and money. A person who is office or a factory, an industrialist produces goods, a farmer plough a field, a trader sells goods, a lecturer teaches at college, a doctor treat his patients, a lawyer satisfies his clients, etc. These are the example of economic activities.
The activities which are undertaken to earn a living are known as economist activities, the main objective of such activities is creating the wealth and money. A person who is office or a factory, an industrialist produces goods, a farmer plough a field, a trader sells goods, a lecturer teaches at college, a doctor treat his patients, a lawyer satisfies his clients, etc. These are the example of economic activities.
Economic activities are, concerned with production, exchange, distribution and consumption of goods and services. Men perform his activities either to satisfy their material needs or to earn money. However, economic activities are directly related to money. Economic activities can be deviated in to three categories, via, profession, employment and business.
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