what is the difference between economic and non-economic activities
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9
Answer:
Economic activities are performed for economic motive. On the other hand, non-economic activities are performed due to social or psychological reasons,
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Answered by
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Economic activities are those activities of man which are undertaken for earning money
Example :
# People going for work in factories
# Farm
# Banks
# Hospitals
# Schools
Non economic activities are those activities that are not undertaken for any monetary gain
Example :
# Doing social work
# Helping the poor
# Going to temple
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