1945

Scope of distributive trade statistics

Economic activity. In general, the term “economic activity” is understood as referring to a process, that is to say, to the combination of actions carried out by a certain entity and resulting in a specific type of products (goods and services). An activity is characterized by (a) an input of resources; (b) a production process; and (c) an output of products. By convention, one single activity is understood as a process resulting in a homogeneous type of products. It is recognized that one activity may consist of one simple process or may cover a whole range of sub-processes, each of which might be classified in a different activity category. For statistical purposes, an entity engaged in a given activity may be treated as either simple or complex. A simple entity is not subdivided into parts to which activities are attributed, while a complex entity is, by definition, composed of several sub-entities, each of which is seen as performing a specific activity.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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