Question

What are the differences between economic activities and non economic activities

Answer 1

Economic activities are actions which involve production, distribution and consumption of goods and services. Non economic activities are activities whose aim is not to earn monetary gain or reward.

Answer 2

Economic Activities :-

These activities give an income in return.

These are done to earn a livelihood.

For Example :- People going for work in factories ,farm , banks, hospitals,schools,etc.

Non Economic Activites :-

These activities do not give any income in return.

These are done out of compassion ,love and care.

For Example:- Doing social work, helping the poor, going to temple etc.