Economic activity is the activity of economic agents in fulfilling their needs, both by producing and using goods and services. In carrying out their economic activity, households and firms use limited economic resources. Economic activity can be grouped into production, distribution, consumption, and investment. From the economic activity, added value is generated (through production, and because of that it generates revenue), or utility is obtained (through consumption, and because of that it incurs cost). The added value or utility does not have to be generated or obtained now, it can also be realised in the future.
Economic activity is an activity that has economic value, and because of that, it can be rewarded with money. Some of the economic activities are marketed, and some of them are non-marketed. Marketed economic activities include producing goods and services for sale, buying goods and services for consumption, and building factories. Meanwhile, non-marketed economic activities include growing rice and consuming the proceeds themselves, as well as cleaning and repairing the house ourselves. Even though it is not marketed, the economic activity still has economic value. In addition to economic activity, there are also non-economic activity. A non-economic activity has no economic value, such as daily activities (for example, exercising and watching TV).