what do you mean by economic activity and non economic activity
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Answered by
12
Answer:
economic activities can be classified as the activities that are done for economic purposes I.E earning money..whereas non-economic activities are just vice -versa
Answered by
19
ECONOMIC ACTIVITY MEANS THE ACTIVITIES WHICH ARE USED IN INVOLVING MONEY OR EXCHANGE OF PRODUCTS. IT INCLUDES PURCHASING, PRODUCTION , DISTRIBUTION ETC. IN SIMPLE WORDS IT MEANS THE ACTIVITY DONE FOR EARNING MONEY.
NON ECONOMIC ACTIVITY IS A ACTIVITY PERFORMED GLADLY, WITH THE AIM OF PROVIDING SERVICES TO OTHERS WITHOUT ANY REGARD FOR MONETARY FUN. IT IS A ACTIVITY THAT DOESN'T INVOLVE MONEY IT IS DONE FOR OWN SATISFACTION.
HOPE IT HELPS YOU....
pinaki303:
thanks
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