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How does the vegetation of the prairies affect economic activity there?
The Mineral Resources and the Tourism..
How do world politics affect personal economic conditions?
World politics affect personal economic conditions in various ways. This is due to the interaction of various countries in the world and the politics of the day will be trickled down to individual countries whether positively or negatively.
Is begging an economic activity?
Economic activity is defined as actions that involve the production, distribution and consumption of goods and services at all levels within a society. So begging might not be defined as an economic activity, since it does not really affect all levels of society. It's too minute to make a large impact.
What is economically active?
Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources.
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.
