What is difference between economic activities and non- economic activities
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These refer to activities that include providing services to others without any expectation of monetary gain. 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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Explanation:
Economic activities are those activities of man which are undertaken for earning money.Whereas non economic activities are those activities that are not undertaken for any monetary gain.
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