Question

Classify the following activities into economic and non economic activities and mention the criteria:
● A mother paints a picture to gift on her daughter‟s birthday
● Shelly cooks food at home and takes the same to street markets for sale.
● A hawker sells tea near a call center.
● Mrs. Bimlesh has knowledge of accounting. She kept accounting records while the accountant was away due to illness. Her husband paid her for the work done.
● Mr. Bhuvnesh is a doctor and serves the poor for free. Rahul decided to help him during his summer vacations in the clinic.

Answer 1

Answer:

A. It is a non-economic activity as a mother cooks food for her children out of love and affection and not with a motive to earn a profit or income.

B. It is an economic activity as the teacher is teaching with a motive to earn income or livelihood.

C. It is a non- economic activity as there is no earning of the young boy.

D. It is an economic activity as his motive is to earn profit.

E. It is an economic activity as the officer is doing this job to earn a livelihood.

Answer 2

QUESTION:

Question is related to economic and non economic activities.

ANSWER :

FIRST OF ALL, WHAT ARE ECONOMIC AND NON ECONOMIC ACTIVITIES.

Economic activities:

Activities from which we earn money and contribute to national income are called economic activities.

Non economic activities :

Activities from which we do not earn money are called non economic activities.

NOW COME TO YOUR QUESTION :

1. Non economic activity

2. Economic activity

3. Economic activity

4. Economic activity

5. Economic activity

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