Question

Classify the following activities into economic and
(a) Smita cooking food for her family.
(b) A person selling cold drinks on the station.
(c) A student praying in temple for good marks
(d) Doctor treating patients at his clinic.
e) An old lady attending 'Satsang'.
(1) A person teaching his daughter for her Board ​

Answer 1

Answer:

a. Non economic activity

b. economic activity

c. non economic activity

d. economic activity

e. non economic activity

1. non economic activity

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Answer 2

a) Non-Economic

b) Economic

c) Non-Economic

d) Economic

e) Non-Economic

f) Non-Economic

Explanation: Activities which are done for money, profit or income are called economic activities while activities like cooking food for family are Non-Economic since they are not done with intention to get money.