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What is economic and non-economic activity?
Essentially the difference between economic and non economic activity is that economic activity are activities in the economy that contribute to the Gross Domestic Product [GDP] of the Nation. I.E if you provide/produce a good or service in exchange for money. example: you grow apples and sell them at the market- this is economic activity. Non economic activity is just the opposite. Activity in the economy that does not affect GDP. My understanding is that it is essentially unpaid work. Like if you clean your house or mow your lawn and do not get paid for your time/efforts.
What is a secondairyeconomic activity iron mining beer brewing retail sales managing a corporation cattle ranching?
The secondary economic activity in this question would be beer brewing.
How would you define a lagging economic indicator?
The lagging indicators change direction after the overall economy has moved, while coincident indicators move in tandem with the aggregate economic activity.
What invention ensured that raising wheat would remain the main economic activity in the Midwestern prairies was the?
It could be, Mechanical Reaper,Steel-tippes plow
What parts of Canada is mining an important economic activity?
A lot of places in Canada mine things but I would guess Saskatchewan would depend a lot on it because they mine they most in Canada
Is getting paid for gardening an economic activity?
Yes that would be an economic activity.
Which economic enterprise would Adam Smith most favor?
privately owned factory in France
What is economic and non-economic activity?
Essentially the difference between economic and non economic activity is that economic activity are activities in the economy that contribute to the Gross Domestic Product [GDP] of the Nation. I.E if you provide/produce a good or service in exchange for money. example: you grow apples and sell them at the market- this is economic activity. Non economic activity is just the opposite. Activity in the economy that does not affect GDP. My understanding is that it is essentially unpaid work. Like if you clean your house or mow your lawn and do not get paid for your time/efforts.
What is a secondairyeconomic activity iron mining beer brewing retail sales managing a corporation cattle ranching?
The secondary economic activity in this question would be beer brewing.
How would you define a lagging economic indicator?
The lagging indicators change direction after the overall economy has moved, while coincident indicators move in tandem with the aggregate economic activity.
How would you define the business cycle.?
A business cycle refers to the ups and downs of the general level of economic activity for a country.
What map shows economic activity?
A thematic map illustrates economic activity by depicting aspects like GDP, income levels, industry distribution, or employment rates within a specific geographic region. These maps provide visual representations to help understand the economic landscape and patterns in a given area.
Can you do me a favor?
If it is within the scope of my abilities, it would be my pleasure to do you a favor.
Which party would typically favor a tax cut?
All would favor lower taxes.
Would a lumber producer in new Brunswick be in favor or opposed to the Intercolonial Railway?
they would be in favor
How would you define a cost?
A cost is generally understood to be that sacrifice incurred in an economic activity to achieve a specific objective, such as to consume, exchange, or produce.
What is Emma Watson's birthstone?
Emma Watson's birthday is in April. This would make her birthstone a diamond.
