HAFIFAH HAMDA YENNI ECONOMIC ACTIVITY Economic activities are activities carried out by individuals or groups to obtain goods and or services in order to meet their daily needs by exchanging or exchanging them for currency. In the past, human economic activities were bartering or exchanging goods. Ex :Fishermen exchange the fish they catch for rice with farmers. There are many economic activities such as fisheries, industry, construction, forestry, livestock, mining, services and so on. These activities are classified into 3 fields, namely production, distribution and consumption PRODUCTION AND DISTRIBUTION Production is all activities that produce goods and or services and add value to the use of goods and services. The activity of distributing the products of production is called distribution activities. The person, group or institution that does the distribution is called a distributor. ECONOMIC GROWTH Economic growth is a process of changes in economic conditions that occur in a country on an ongoing basis to lead to conditions that are considered to be better for a certain period of time. Basically, economic growth will be assessed using a comparison of the components that are able to represent the economic condition of a country against the previous period or year. CHARACTERISTICS OF ECONOMIC GROWTH
The characteristics of economic growth are the very fast
rate of population and product growth per capita, the development of people's productivity, rapid growth in structural levels, high levels of urbanization, expansion in developed countries, the flow of goods, capital and people in various countries. MEASUREMENT OF ECONOMIC GROWTH Gross National Product : GNP, is the income earned by the state within a certain period of time based on the income earned by the people. The way to calculate economic growth using GNP is to compare GNP in the current period with the previous period. Gross Domestic Product :
If GNP is calculated based on the income earned by people
wherever they are, then the calculation of GDP is measured from the country's income based on its territory. The formula for calculating economic growth using GDP is the same as GNP, which compares GDP in the current period with the previous period. ECONOMIC LAW
In economic activity, law functions to regulateand limit
economic activities in the hope that economic development does not neglect the rights and interests of the people. In the era of globalization, the basis of economic law is not only based on the national law of a country, but will follow international law. The rules of the game that are applied to international trade are the rules of the game that have developed in the WTO system. ASPECT IN ECONOMIC LAW Aspects of regulating economic development efforts in the sense of increasing overall economic life The aspect of regulating efforts to share the results of economic development is evenly distributed among all levels of society so that every Indonesian citizen can enjoy the results of economic development in accordance with his contribution to the economic development effort. LEGALITY ECONOMY ACTIVITY
legality referred to here is a legally valid permit for
business activities carried out as well as a permit in the form of a dispensation from prohibition and if you do not have a permit then the business activity is not legal. LEGALTY ADVANTAGE
1.Obtain certainty and protection in doing business in a
specified location. 2. Get assistance for business development.
3. Get easy access to finance to financial institutions,
both Bank and non-Bank. 4. Get facilities for empowerment from the government, local government and / or other institutions