Economic activities and non economic activities
Answers
Answer:
Economic Activities
Meaning:- Economic activities are those which are performed to earn livelihood.
Purpose:- To earn money
Examples:- A worker working in a factory, an enterpreneur performing enterpreneurial functions for production or trading of goods and services, etc.
------------------------------------------
Non-economic activities
Meaning:- Non-economic activities are those which are performed out of love, sympathy, care, affection, self-satisfaction, patriotism, etc.
Purpose:- To satisfy social and psychological needs.
Examples:- A teacher teaching her son, a person going to temple for offering prayers, etc.
Hope it helps!!
✷economic
Economic activity refers to a human activity related to production and consumption of goods and services for economic gain.
✷non economic
Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain.