diiference between economic and non economic activieties class 9 answer please fast
Answers
Answer:
These refer to activities that include providing services to others without any expectation of monetary gain. Primary motive of economic activities is creation of wealth and earning financial remuneration. Non-economic activities are usually socially binding or undertaken for psychological satisfaction.
Explanation:
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Answer:
Economic activities means that activities which provide work instead of wages or money. And it contributes to the national income. For example, teacher, clerk, editor, etc.
Non-economic activities means that activities which provides work without payable amount or money for it. It doesn't contributes to the national income. For example, a mother nurturing her child, a housewife, children who are acknowledging knowledge,etc.