idnetify economic and non economic activity from these statements. 1.mr chaitanya playing football for his country 2. ms sharanya watching a dance program in a television
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1- Mr Chaitanya Playing football for the country -
Explanation- is an economic activity because they are paid by the country for their service. Economic activities are the two way process that includes exchange of goods and services with by the producers with the potential customers.
2- Watching a dance program on television-
Explanation- watching a television is a personal interest of an individual that do not include any money transactions.
The economic activities are the process of creating money by money. this is a two way process where rendering of services and acceptance of money is done.
Whereas, non-economics are the activities that don't generate money.
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