Organization of Economic Activities in the Public Domain in the Post-Covid 19 Period

Iulia Mandru and Alina Florentina Saracu
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Iulia Mandru: Dunarea de Jos University of Galati, Romania
Alina Florentina Saracu: Dunarea de Jos University of Galati, Romania

Economics and Applied Informatics, 2021, issue 3, 94-98

Abstract: Economic activity is a fundamental component of the human action, within which, through the allocation and use of economic resources, there take place processes of production, circulation, distribution and consumption of material goods and services with a view to meeting the demands. The structure of economic activity includes the following components or fundamental acts: production, circulation, distribution and consumption. By fields of activity, there have been highlighted the positive developments in industry (+ 1.9%), agriculture (+ 2.1%) and constructions (+ 1.2%), in the tertiary sector (-0.6%), but the IT field (+ 0.8%) in the 1st quarter of 2021 compared to the same period in 2020. With an advance of 13.6% in the region, the Romanian economy registered the second best performance, after the economic jump of 17.7% of Hungary. Thus, the Polish economy went up by 11%, while the Czech and Bulgarian economies grew by 8.2% and 10%, respectively.

Keywords: Economic activity; the engine of the economy; production; consumption; demand; IT impact (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2021:i:3:p:94-98

DOI: 10.35219/eai15840409228

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