list of economic and non-economic activity done by family
Answers
Non economic activities are those activities which are done not for earning money or any consideration rather they are undertaken voluntarily. Given below are some of the examples of non economic activities –
Housewives doing day to day to work like cooking, laundry and so on.
A person doing a work for hobby like gardening, fishing, painting and so on.
Work done for charity like taking tuition classes of poor children, providing free services to earthquake victims, helping a blind man in crossing road and so on.
Work done for personal satisfaction like sleeping in afternoon in free time instead of working and earning money or playing video games on Sundays and so on.
Economic Activities:
Economic activities are those which are inspired by the objective of earning money; which is required by people to satisfy their day-to-day needs of life.
In fact, economic activities are means of livelihood. Business, profession and employment are major types of economic activities.
(a) Business
(b) Profession
(c) Employment