give an example of economic and non economic activities
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Economic activity - something commercial, like selling oranges
Non-economic activity - something non-commercial, like picking oranges and eating them
But there’s not really seen as a stark dividing line. Econ covers everything from international banks to washing your hands.
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Economic Activities :-
These activities give an income in return.
These are done to earn a livelihood.
For Example :- People going for work in factories ,farm , banks, hospitals,schools,etc.
Non Economic Activites :-
These activities do not give any income in return.
These are done out of compassion ,love and care.
For Example:- Doing social work, helping the poor, going to temple etc.
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