Define economic and non economic activities with example?
Answers
Answer:
Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.
Transport, communication, trade, health, education and administration are example of tertiary activity. Non-Economic Activity : These are those activities which do not give income in return. They also do not contribute to the flow of goods and services in the economy. e.g.
Answer:
see your answer is down
Explanation:
Meaning. Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Motive. Economic, i.e. to earn money.