Question

"An activity can be an economic activity in one

situation And non- economic in another situation".

Do you agree? Give an example to justify the given statement​

Answer 1

Explanation:

This statement is true. Economic activities are done with an intention of earning monetary value. Non-economic activities are performed with an intention to help people and contributing to the society.

Answer 2

See..

Yes, I agree with the given statement. For example if a doctor treats his patient at the clinic, then it is an economic activity as the doctor gets fees for that. However, if the doctor treats his son at home then it is non-economic activity.