Give an example of activity which is economic in one side and non-economic on other side.
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Cooking food for a tiffin centre is an economic activity whereas cooking food for oneself is a non economic activity.
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Economic activities are the efforts taken by an individual to earn income with limited means.
Non- economic activities are the human activities which are not performed for money but for human satisfaction.
An example of activity which is economic in one side and non-economic on other side is teaching.
When a teacher teaches in a school, it's an economic activity and when a teacher teaches to his children, it's a non-economic activity.
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