explain any three difference between economic and non economic activities
Answers
Answer:
(1) In simple language we can say that those activities which are performed for money are called economic activities
(2) and those which are not performed for monetary gains are called non-economic activities.
(1)Non-economic activity is an activity performed with the purpose of rendering services to others without any consideration to financial gain.
(2) Those activities which are initiated for personal content or to meet human sentiments are non-economic activities.
(3) e. g. of economic activity:Manufacturing and Industry. ...
The Service Industry. ...
The Intellectual Sector. ...
(3) e. g. of non economic activity:Housewives doing day to day to work like cooking, laundry and so on. .A person doing a work for hobby like gardening, fishing...
Answer:
[]•Economic activities are such activity which gets you some income while performing them .
[]•Economic activities are such activity which gets you some income while performing them .=for example : a doctor is earing by treating his patients
[]•Economic activities are such activity which gets you some income while performing them .=for example : a doctor is earing by treating his patients[][]•Non -Economic activities are the activity from which do not gain anything earn you any income .
[]•Economic activities are such activity which gets you some income while performing them .=for example : a doctor is earing by treating his patients[][]•Non -Economic activities are the activity from which do not gain anything earn you any income .=For example : A doctor treating his own family members doesn't earn any money.