how are economic activities and non economic activities different from one another
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economic activities are activity which are done for purpose of earning money or accquring wealth. For example bussines and employment etc.
non economic activities are those activity which are performed but not for the purpose of earning money or accquring wealth. For example NGO'S.
non economic activities are those activity which are performed but not for the purpose of earning money or accquring wealth. For example NGO'S.
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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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