Question

Difference between economic and non-economic activities

Answer 1

economic activities are practiced to earn money while non-economic activities are practiced for own needs and satisfaction.economic activities add to nation's value while non-economic don't need.e.g for economic:commercial farming.e.g for non-economic:subsistence farming.

Answer 2

Economic Activities :-

These activities give an income in return.

These are done to earn a livelihood.

For Example :- People going for work in factories ,farm , banks, hospitals,schools,etc.

Non Economic Activites :-

These activities do not give any income in return.

These are done out of compassion ,love and care.

For Example:- Doing social work, helping the poor, going to temple etc.