Question

Difference between economic activities and non economic activities?

Answer 1

✨ HEY MATE ✨

➡️ Economic activities are those conducted with an aim of earning money or acquiring wealth, non-economic activities are performed free of cost, with service motive.The main difference between economic andnon-economic activities lies in the fact that the economic activities are carried out to satisfy human needs....

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Answer 2

Here is the answer to your question!!

ECONOMIC ACTIVITIES;

1: Activities performed to earn livelihood and having economics motives.

2: These activities concerned with the production, exchange and distribution of goods and services.

3: Contribute to National income.

NON-ECONOMIC ACTIVITIES;

1: activities performed to satisfy emotional and psychological need.

2: These activities may be social, cultural, religious, educational and charitable.

3: No contribution to the national income.

Hope it helped!!