Q.1. Give an example of activity which is economic in one side and noneconomic on other side.
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Explanation:An economic activity is an activity which fulfills the monetary needs of an individual whereas a non-economic activity is one which does not satisfy the economic needs of a person. An example of an activity which is both economic as well as non-economic is a doctor treating his patients.
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Cooking food for a tiffin centre is an economic activity whereas cooking food for oneself is a non economic activity.
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