Question

Example of economic transaction and non economic transaction

Answer 1

Answer:

economic transaction

Examples include shops, high streets, or websites. The term may also refer to the whole group of buyers for a good or service. ... A market is where consumers and sellers get together to buy and sell goods and services

non economic transaction

People going for work in factories ,farm , banks, hospitals,schools,etc. These activities do not give any income in return. These are done out of compassion ,love and care. For Example:- Doing social work, helping the poor, going to temple etc.

Explanation:

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