Accountancy, asked by mw184750, 2 months ago

What is economic activity and non economic activity ​

Answers

Answered by honeysingh96
1

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.

Answered by ankitahajare147
1

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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