Economy, asked by Pray3010, 9 months ago

What are the the factors of production? in economics and non economic activities

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Answered by Anonymous
0

An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity. Economic activities are performed for economic motive, i.e. earning profit. As opposed to non-economic activities, which have no influence over country's national income.

Answered by anshusepat04
0

Answer:The main difference between economic and non-economic activities lies in the fact that the economic activities are carried out to satisfy human needs, whereas non-economic activities are performed for gaining psychological satisfaction. So, check out this article to get some more differences amidst these two types of human activities

Explanation:

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