what is differences between economic activity and non economic activity
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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. Social or psychological, i.e. out of love, affection,
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Economic activities are the activities in which we earn money after production of goods or after manufacturing it.Ex-Business.
Non -economic activities are those in which we make the products for our personal needs.Ex-Making a sweater.
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