13. Write the difference between economic activity and non-economic
activity.
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Explanation:
Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Economic, i.e. to earn money.
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Economic activities are those activities of man which are undertaken for earning money in order get gain. For eg- Agriculture, fishing, mining, forestry, etc.
On the other hand, non-economic activities are those activities that are not undertaken for any monetary gain. For eg- Doing social work, going to the temple, household work, etc.
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