Business Studies, asked by pinaki303, 11 months ago

what do you mean by economic activity and non economic activity​

Answers

Answered by thor9087
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 Aruna421
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
Aruna421: YOURS WELCOME
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