What is 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.
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Explanation:
In economic activities = The activities which are performmed for livelihood with money expectation.e.g. worker working in a factory.
In non-economic activitis= The activities which are performmed to satisfy social,religious,cultural and religious requirement without any money expectation.e.g. cooking by mother
Hope you get the answer.
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