Question

the activities that are considered economics activities for some people are non-economics activities for others. explain?

Answer 1

Answer:

We all have heard the saying “All work and no play makes Jack a dull boy”. But how do we categorize what is work and what is play? In economics, we categorize all human activities into two broad categories – economic activities and non-economic activities. Let us take a look at the meaning and some examples of economic activities.

Explanation:

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