Question

Difference between economic and non economic activities in points

Answer 1

Answer:

economic activities

• the activities where the exchange of money takes place
• money will be exchanged by someother thing,with some expectations like profit etc.
• all the agricultural, industrial,services are economic activities.

non economic activities

• the activites where the money is given and no exchange is taking place.
• there will be no expectations.
• Donating money to the orphanages is the best example