Wat determines the level of economic activity in a modern economy?

Question

as much info as possible please?

Answer 1

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Answer 2

Main factors are demand for goods and services - if there is no demand then no economic activity required.

Another point is availability of resources (labor/capital/land) to produce these goods and services at feasible costs.

Third thing is enterprise - place there these resources are combined to produce output.

One thing should be mentioned is appropriate environment (legal, infrastructure, expectations, finance, resource mobility, etc.).