Economic activity refers to any action that involves the production, distribution, or consumption of goods and services. It encompasses all types of activities that contribute to a country's economy.
Related terms
Primary Sector: This term refers to economic activities that involve the extraction or harvesting of natural resources.
Secondary Sector: This term refers to economic activities that involve manufacturing and construction.
Tertiary Sector: This term refers to economic activities that involve providing services such as healthcare, education, and tourism.