Yes

Selling goods on credit is considered an economic activity for a business. This activity involves providing goods to customers with an agreement that payment will be made at a later date. Several reasons support the classification of this activity as an economic one.

1. Exchange of goods and services:
When a business sells goods on credit, it is engaging in an exchange of goods and services with its customers. The business provides the goods to the customers, who agree to pay for them at a later date. This exchange is a fundamental aspect of economic activity.

2. Creation of value:
By selling goods on credit, businesses create value for their customers. They provide access to goods that customers may not be able to afford upfront, allowing them to enjoy the benefits of the goods immediately. This value creation is an essential characteristic of economic activity.

3. Generation of revenue:
Selling goods on credit is a revenue-generating activity for businesses. Although the payment is delayed, the business still records the sale as revenue in its financial statements. This revenue contributes to the business's overall financial performance and growth.

4. Impact on cash flow:
While selling goods on credit affects revenue, it also has an impact on cash flow. Businesses need to manage their cash flow effectively to ensure they have sufficient funds to cover expenses and investments. Selling goods on credit can introduce a delay in receiving cash, potentially affecting the business's cash flow management.

5. Risk management:
Selling goods on credit involves a certain level of risk for the business. There is a possibility that customers may default on their payments, leading to potential losses for the business. To mitigate this risk, businesses often implement credit policies and perform credit checks on customers before extending credit.

Conclusion:
Based on the above points, it is clear that selling goods on credit qualifies as an economic activity for a business. It involves the exchange of goods and services, creation of value, generation of revenue, impact on cash flow, and risk management. This activity contributes to the overall functioning and growth of the business.