Question

differentiate between economic and non economic activities in three points

Answer 1

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.

Answer 2

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.

Motive: Economic, i.e. to earn money.

Motive:Social or psychological, i.e. out of love, affection, etc.

National Income:Adds value to national income.
National Income :Does not affects national income.