Social Sciences, asked by shuklneetu, 6 months ago

what is the difference between an economic activity and non economic activity​

Answers

Answered by seejarani
1

Answer:

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. Non-economic activities are usually socially binding or undertaken for psychological satisfaction.

Explanation:

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Answered by Adheeshree
0

Answer:

Economic activities help to increase the income of the particular country. They add value to the GDP.

Non economic activities don't generate any income. They don't add value to GDP.

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