what is the difference between economic and non economic activities
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difference between them is-
economic
1.the activity where in exchange of services or goods is done in leave of benefits in money or kind.
non economic
1.has done with no intesion of money or kind
economic
1.the activity where in exchange of services or goods is done in leave of benefits in money or kind.
non economic
1.has done with no intesion of money or kind
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Economic Activities :-
These activities give an income in return.
These are done to earn a livelihood.
For Example :- People going for work in factories ,farm , banks, hospitals,schools,etc.
Non Economic Activites :-
These activities do not give any income in return.
These are done out of compassion ,love and care.
For Example:- Doing social work, helping the poor, going to temple etc.
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