Question

Explain the difference between economic and
non economice activities.
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Answer 1

Answer:

Hi,

Explanation:

Non ecomic

Non-economic activity is an activity performed with the purpose of rendering services to others without any consideration to financial gain. Those activities which are initiated for personal content or to meet human sentiments are non-economic activities.

economic

An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service.

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