Economic Activity

Economic activity refers to all actions involved in the production, distribution, exchange, and consumption of goods and services within an economy.

It is everything people and businesses do to create, buy, sell, and use economic value.

Sectors of economic activity

1. Primary sector – natural resources
   (agriculture, mining, fishing)
2. Secondary sector – manufacturing and processing
   (factories, construction)
3. Tertiary sector – services
   (finance, education, healthcare, tourism)
4. Quaternary sector – knowledge & technology
   (IT, R&D, data, innovation)

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Key takeaway

Strong economic activity supports growth and investment,
while weak activity may signal slowdown or recession.