Question

an activity can be economic activity in one situation and non economic in other situation. do you agree give an example to justify the given statement ​

Answer 1

Answer:

An economic activity is an activity which fulfills the monetary needs of an individual whereas a non-economic activity is one which does not satisfy the economic needs of a person. An example of an activity which is both economic as well as non-economic is a doctor treating his patients.

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.

Hope it helps you..