Question

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

Answer 1

Answer:

The activities which add value to the national income are called economic activities. In simple language we can say that those activities which are performed for money are called economic activities and those which are not performed for monetary gains are called non-economic activities

Answer 2

Answer:

Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Motive. Economic, i.e. to earn money.

Explanation:

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