Question

differentiate non economic and economic activites

Answer 1

Economic Activities
(i) All activities that give an income in return are called economic activities.
(ii) Example-people going for work in factories, farms, banks, hospitals, schools, etc.
(iii) It gives monetary benefit in return.
Non-Economic Activities
(i) All activities which do not give any income in return are called non-economic activities.
(ii) Example-doing social work, helping the poor, going to temple, etc.
(iii) It gives mental satisfaction in return.

Hope this will help you!!!

Answer 2

An activity related to production and consumption of goods and services foreconomic gain is known as economic activities. ... Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness.