Question

From your surroundings give five example of those activities which are both economic and non-economic

Answer 1

ANSWER:

FIVE EXAMPLES OF ECONOMIC ACTIVITIES:-

1. A Teacher teaching the students in the school, the teacher gets the salary for teaching the students.
2. A Doctor treating patients in the hospital.

   3. A shelf making the food in the restaurant for the customers

   4. A barber cut the hair of customers in his salon.

   5. A shopkeeper sells things in his shop.

FIVE EXAMPLES OF NON-ECONOMIC ACTIVITIES:-

1. The same teacher teaching his son at home.
2. The same doctor treating his sick father at home.
3. The same shelf making the food for his family.
4. The same barber cut the hair of his son at his home.
5. The same shopkeeper gives something to his child.

   

 

Answer 2

Explanation:

Any activity that leads to some earning or flow of cash comes under the umbrella of an economic activity.

Some of the common economic activities that we see are trade, transportation, manufacturing, technical services, teaching, banking etc. All these activties create some cash flow.

Now non ecomic activties are treating people with respect, helping someone without money, curing some patient free, coaching someone for free and gardening