Economic activity definition

Economic activity means putting goods or services on a market. It is not necessary to make a profit to be engaged in economic activity: if others in the market offer the same good or service, it is an economic activity.
Economic activity means any activity of an industrial, commercial or professional character or activities of craftsmen, including the supply of services, except for activities performed in the exercise of governmental authority;
Economic activity means putting goods or services on a market. It is not necessary to make a profit to be engaged in economic activity: if others in the market offer the same good or service, it is an economic activity.” Department for Business Innovation & Skills, State Aid: The Basics Guide, July 2014 - https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/443686/ BIS-15-417-state-aidthe-basics-guide.pdf

Examples of Economic activity in a sentence

  • Economic activity, above all in a free market context, cannot be conducted in an institutional, juridical or political vacuum.

  • Economic activity must be based on and incorporate principles and guidelines of sustainable development.

  • Economic activity (percentage of population aged 16-74) Pembrokeshire Coast National Park Pembrokeshire Wales Total 65.4% 65.9% 65.7% Employees 41.7% 46.2% 49.5% Self-employed 19.0% 13.5% 8.6% Unemployed 2.9% 4.0% 4.3% Full-time student 1.8% 2.2% 3.3% Total 34.5% 34.0% 34.2% Retired 21.4% 18.7% 16.1% Student 3.7% 3.8% 6.0% Looking after home/family 3.3% 4.3% 3.8% Permanently sick/ disabled 4.4% 5.3% 6.3% Other 1.7% 1.9% 2.0% (census 2011 update).

  • Economic activity in Inverclyde is higher, and skills development enables both those in work and those furthest from the labour market to realise their full potential.

  • Hong Kong Resident Population x Economic activity status (8G) C74.


More Definitions of Economic activity

Economic activity means the use of water craft for the purposes of receiving income; [RT I, 22.12.2010, 1 – entry into force 02.01.2011]
Economic activity means any economic activity under section 22;
Economic activity means any service or activity of an industrial, commercial or professional character or activity of a craftsman, except for services or activities performed in the exercise of governmental authority;
Economic activity means a governmental activity, a commercial, agricultural, industrial, or not-for-profit enterprise, or other economic or business concern.
Economic activity means an activity specified in the Eleventh Schedule;
Economic activity means any type of manufacturing, commercial, financial or professional activity, associated with purchase or sale of goods, except for acquisitions by natural persons intended for personal and household needs.
Economic activity means any legitimate income generating activity;