Economic Activity
Economic activity refers to the production, distribution, and consumption of goods and services within an economy. It encompasses various actions such as buying, selling, and investing, which contribute to the overall economic health of a region or country. Economic activity is often measured through indicators like Gross Domestic Product (GDP), employment rates, and consumer spending.
Different sectors drive economic activity, including agriculture, manufacturing, and services. Each sector plays a vital role in creating jobs and generating income. Understanding economic activity helps policymakers and businesses make informed decisions to promote growth and stability in the economy.