Social Sciences, asked by arunchahar941, 1 year ago

D/W economic and non - economic

Answers

Answered by danush2002
1
Economic activities are performed foreconomic motive, i.e. earning profit. On the other hand, non-economicactivities are performed due to social or psychological reasons, i.e. out of love, affection etc


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Answered by ansari8097
1
HI mate GM here is your answer...,

Following are the main points of difference between economic activities and non economic activities:

Economic Activities:

1. Economic activities lead to an increase in the personal income of the individual.

2. Economic activities contribute to the flow of goods and services in an economy.

3. These add value to the national income.


Non economic activities:

1. Non economic activities do not increase the personal income of an individual.

2. Non economic activities do not contribute to the flow of goods and services in an economy.

3. These do not add any value to the national income.

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arunchahar941: very nice answer
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