Question

Difference between economic activity and non economic activity​

Answer 1

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Economic activity refers to a humanactivity 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. Social or psychological, i.e. out of love, affection, etc.


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Answer 2

heya

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. Social or psychological, i.e. out of love, affection, etc.Economic factors such as low income, high inequality; low levels of productivity, over dependence on agriculture, unemployment, under employment etc. and non economic factors such as poor health, inadequate education, high rates of population growth, vulnerability in international relations etc. stand as a stumbling .

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