What is the definition of economic activity? Economic activity involves all methods used to obtain a product, good or service that is intended to ...
Economic activity involves all methods used to obtain a product, good or service that is intended to meet a need or desire of a potential consumer and society in general.
To fulfill its objective of meeting a need, economic activity must be executed through an organized and planned process, using available resources, which in most cases are small resources.
Producing a good or service involves combining the factors of production (land, labor, capital, technology) to obtain a new tangible or intangible product or service.
To carry out an economic activity, support is needed from the sectors that make up the economy, such as agriculture, livestock, industry, and commerce, among others.
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Ed 
The definition of economic activity is the set of actions and processes carried out by individuals, companies, and governments to produce, distribute, and consume goods and services. It involves all methods used to obtain products, goods, or services that are intended to meet the needs or desires of potential consumers and society in general. Economic activity requires an organized and planned process, utilizing available resources, which are often limited. It involves combining the factors of production (land, labor, capital, and technology) to create new tangible or intangible products or services. Various sectors of the economy, such as agriculture, livestock, industry, and commerce, play a crucial role in supporting economic activities.
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