Any activity that generates income of any sort is known as an economic activity.

Actions which are involved in the production, distribution, and consumption of goods and services at all levels within a society are known as economic activities. These activities are fuelled by production that uses natural resources, labour, and capital. Over time, technological advances, innovation, the emergence of new markets, increased revenue flow, new product demand, automation of processes, and the emergence of intellectual property have made this concept diverse and dynamic