Social Sciences, asked by lavishajaisinghani0, 4 months ago

what do you understand by people as resource ?what is the difference between economic and non economic activities​

Answers

Answered by krish1910
1

Explanation:

People as a resource' is a term that means how the population can be an asset and not a liability. It a way of referring to the working class of society in terms of their existing productive skills and abilities. ... Thus, people as a resource refers to the working population that results in the development of society.

Economic activities:

1) Economic activities refers to a human activity related to production & consumption of goods & services for economic gain.

2) Economic motive is to earn money.

3) Money is measured in monetary terms.

4) It results in creation of wealth & assets.

Non-economic activities:

1) Non-economic activity refers to a activity performed with the aim of providing services to others without any regard to monetary gain.

2) Non-economic motive is social or psychological.

3) Money lacks in measurement.

4) It results in satisfaction & happiness.

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