Term:
Economic activity
Definition:

Economic activities are activities that lie within the economic production boundary as defined by the System of National Accounts. They comprise:(a) Production of goods or services supplied, or intended to be supplied to units other than their producers, including the production of goods and services used up in the process of producing such goods or services (intermediate consumption);(b) Production of all goods retained by their producers for their own final use (own-account production of goods);(c) Production of housing services by owner-occupiers;(d) Production of domestic and personal services produced by paid domestic staff.
Domestic or personal services provided by unpaid household members for final consumption within the same household are excluded from the economic production boundary and, hence, are not considered to be economic activities. Examples are (a) the cleaning, decoration and maintenance of the dwelling occupied by the household, including small repairs of a kind usually carried out by tenants as well as owners; (b) the cleaning, servicing and repair of household durables or other goods, including vehicles used for household purposes; (c) the preparation and serving of meals (d) the care, training and instruction of children; (e) the care of sick, infirm or old people; and (f) the transportation of members of the household or their goods.

Domain:
Labour
Source:
ILO
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