Question

state any three differences between economic activities and non economic activities ​

Answer 1

Answer:

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Explanation:

Economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc. ... Economic activities result in the creation and accumulation of wealth as they are done to earn a profit.

Answer 2

Answer:

Meaning :

Economic activities : Economic activities are those activities which are performed to earn a livelihood.

Non-economic activities : Non-economic activities are those activities which are performed out of love, sympathy, sentiments, patriotism, etc

Aim :

Economic activities : The main aim of these activities is to earn profits

Non-economic activities : The main aim of these activities is psychological satisfaction.

End result :

Economic activities : The end result of these activi-ties is to satisfy human need…

Non-economic activities :The end result of these activities is mental satisfaction of the person performing them.

Explanation:

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