Question

19. What is the difference between economic
activities and non-economic activities?
Explain with examples.​

Answer 1

Answer:

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.

Answer 2

Economic activity is also known as marketing activities which includes the production and consumption of goods. These are performed for pay or profit. These activities also add value to the national income.For example, Production of goods & government services etc.

Non economic activities are also known as non-marketing activities, include things which a

comprises of the exchange system. These are performed for self-consumption. For example, households Works done by the housewives etc.