10 example of economic and non economic activity for our daily life
Answers
There are different types of economic and non economic activities as follows;
Economic activities:
Transportation,Mining,Manufacturing,Production,Banking,Distribution,Consumption,Farming,Cultivation,Livestock keeping.
Non economic activities include the following;
Love, prostitution,drug trafficking,house-helps works,social aid,praying someone in a church,self satisfaction from a service,patriotic matters like donating blood to injured victims,
Concept
Economic activities are those activities which are done in order to earn money or which involve exchange of money.
Non economic activities are those activities which are not done or involve exchange of money.
To do
Write 10 examples of economic activities and non economic activities.
Explanation
The examples of economic activities are:
- transportation
- buying in market
- travelling
- production
- supplying
- selling
- consumption
- paying taxes
- going in a beauty parlour
- going school
The examples of non economic activities are:
- Gardening by housewife
- washing clothes by housewife
- cooking for family
- playing
- rest
- cleaning of house by a housewife
- teaching of own children
- playing
- fighting between two people
- Electrician working in his house.
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