Question

What is difference between economic activities and non - economic activities?​

Answer 1

Answer:

Economic activities are those by which we can earn our livelihood 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.economic activities are divided into three categories, namely business, profession, employment.

where as,non-economic activities are performed out of love, for example a worker working in a factory, a doctor operating in his clinic, a manager working in an office. thus Non-economic activities are usually socially binding or undertaken for psychological satisfaction.