Which of the following activity is a non-economic activity?
(a) Selling bread to a customer.
(b) Selling old television to a neighbour.
(c) Gifting a pen to a friend.
(d) Purchase books for resale
Answers
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(C)is the correct answer
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Gifting a pen to a friend is a non-economic activity
Answer: Option (c)
Explanation:
Non-economic activities are those that are conducted not with an economic gain in motive but rather to fulfill one’s heart’s desire. These are human activities that are conducted to experience personal satisfaction.
Gifting by nature is a non-economic activity is it gladdens one’s heart and is done to satisfy the sentiments and emotions of the receiver. The rest activities mentioned are done to obtain a monetary gain, and therefore gifting a pen is a non-economic activity.
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