state any three difference between economic activities and non economic activities
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Explanation:
Economic activity
• Economic activity refers to a human activity related to production and consumption of goods and services for economic gain.
•Measured in monetary terms.
•Adds value to national income.
Non economic activity
•Non economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain.
•Lacks money measurement.
• Does not affects national income.
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