Economy, asked by sharmaarchna778, 7 months ago

Explain the difference between economic activity
and non-economic activity. Give two examples
of each.
please tell it fast in easy language​

Answers

Answered by mohit810275133
2

Explanation:

HEY MATE

ANSWEREconomic activities:1) Economic activities refers to a human activity related to production & consumption of goods & services for economic gain.2) Economic motive is to earn money.3) Money is measured in monetary terms.4) It results in creation of wealth & assets.Non-economic activities:1) Non-economic activity refers to a activity performed with the aim of providing services to others without any regard to monetary gain.2) Non-economic motive is social or psychological.3) Money lacks in measurement.4) It results in satisfaction & happiness.

Answered by samruddhipandit
7

Answer:

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