Question

prepare a table showing at least 10 different economic activities and non-economic activities by observing you own locality.​

Answer 1

Answer:

The three types of economic activities are. Business – This economic activity provides goods and services to satisfy human needs on a daily basis with the ...

Answer 2

The best examples of different economic activities and non-economic activities are listed below.  

Explanation :

• Economics can be defined as a social science concerned with the production, distribution, and consumption of various goods and services.
• Economic activities:- It refers to the activities of producing, purchasing, selling, and distributing goods and services that involve monetary transactions.
• The entire process not only involves the production of goods and services but also their distribution among different individuals in a community.
• They are driven by rationality and logic. Such activities are performed for our own self-interest.
• Non-economic activities:-  They are those that are performed to render services without expectations of any monetary gain.
• Non-economic activities are done for emotional reasons or concern for another person.
• Examples of economic and non-economic activities are listed below.