Business Studies, asked by shayna39, 5 months ago

what is an economic activities and difference between economic and non economic activities​

Answers

Answered by agmA10
21

Answer:

ALL THE ACTIVITIES THROUGH WHICH A INDIVIDUAL EARN MONEY OR ANYTHING BUT NOT FOR SELF CONSUMPTION IS CALLED ECONOMIC ACTIVITY

WE CAN ALSO SAY THAT ACTIVITY THROUGH WHICH PEOLE WARN ADN THEIR INCOME ADDED IN GDP OF COUNTRY

NON ECONOMIC ACTIVITY ARE THISE THROUGH WHICH INDIVIDUAL EARN OR PRODUCE FOR SELF CONSUMPTION

Answered by Anonymous
55

Difference Between Economic and Non-Economic Activities

Parameter Economic Activity Non-Economic Activity

Motive Primary motive of economic activities is creation of wealth and earning financial remuneration. Non-economic activities are usually socially binding or undertaken for psychological satisfaction

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