what are examples of formal economic activities? helpp plz and thanku :)

any hellp at alll///??

Formal economic activities are most economic activities -- such as manufacturing, wholesale and retail sales, and services. Probably the main item that distinguishes formal economic activities is that these businesses use standard currency in their transactions and pay taxes.

In contrast, informal business activities barter, trace services, and sell items "under the table," thus escaping government notice and taxes.

* trade (not trace) services

Formal economic activities refer to those activities that are conducted within the legal framework of a country and are recognized by the government. These activities are typically recorded, regulated, and taxed. Here are some examples of formal economic activities:

1. Employment: Working for a company or organization and receiving a regular salary is a formal economic activity. This includes jobs in various sectors such as manufacturing, services, finance, and healthcare.

2. Self-employment: Running a legally registered business, such as a sole proprietorship, partnership, or corporation, is another formal economic activity. It involves providing goods or services in exchange for payment.

3. Investments: Engaging in financial markets, such as buying and selling stocks, bonds, and other securities, is a formal economic activity. This includes investments made by individuals, companies, or institutional investors.

4. Retail and Trade: Buying and selling goods through licensed establishments, such as retail shops, supermarkets, and online platforms, is considered a formal economic activity. It involves obtaining goods from suppliers and selling them to customers at a profit.

5. Agriculture: Engaging in farming or agricultural activities within the legal framework, including the production and sale of crops, livestock, and other agricultural products, is a formal economic activity. This can include both small-scale and large-scale farming operations.

To find additional examples or gain more information about formal economic activities, you can refer to official government websites, economic reports, statistical databases, or consult with experts in the field of economics or business.