Question

What is different between economic and non economic

Answer 1

Hey!!

The main difference between economic and non economic is that economic activities are those which refers to a human activity related to production and consumption of services for economic gain.

Whereas non economic are those activities which are performed gladly with the aim of servicing others without any in intension of profit.

Motive of economic activities is to earn money and profit , whereas motive of non economic activities is social or psychological

In economic activities , money is measured through monetary terms and in non economic activities , money measurement in not seen

Hope this will help you :-)

Answer 2

The main difference between economic and non-economic activities lies in the fact that the economic activities are carried out to satisfy human needs, whereas non-economic activities are performed for gaining psychological satisfa. So, check out this article to get some more differences amidst these two types of human activities.