Question

Differencate between economic activity and non economic activities

Answer 1

Answer:

An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity. Economic activities are performed for economic motive, i.e. earning profit. ... As opposed to non-economic activities, which have no influence over country's national income.

Answer 2

ECONOMIC ACTIVITY

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• Activity which contributs to the national income

• Done for profit.

• For ex. teaching, doctors.

NON - ECONOMIC ACTIVITY

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• Activity which do not contributes to the national income

• Do not done for earning profit

• For ex. house wife , take care of children.

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