Question

State an example of any activity which at one time is economic and at other time, non-economic.

Answer 1

Heya...

Let's take an example of stitching clothes...

Economic activity....

That is this activities in which economic transactions occurs....
So when a tailor stitches clothes and sell them to earn money...
At that time it is economic activity..

Non Economic activity....

That is those activities in which no any transaction occur....
If a lady stitches clothes for herself only at home not for sell....
At that time it is non economic activity....