Write about economic and non economic activities in india
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The main difference between economic and non-economic activities lies in the fact that the economic activities are carried out to satisfy human needs, whereas non-economic activities are performed for gaining psychological satisfaction. So, check out this article to get some more differences amidst these two types of human activities
Comparison Chart
MotiveEconomic, i.e. to earn money.Social or psychological, i.e. out of love, affection, etc.Money measurementMeasured in monetary terms.Lacks money measurement.ApproachPragmaticIdealisticResults inCreation of wealth and assets.Satisfaction and happiness.National IncomeAdds value to national income.Does not affects national income.
Comparison Chart
MotiveEconomic, i.e. to earn money.Social or psychological, i.e. out of love, affection, etc.Money measurementMeasured in monetary terms.Lacks money measurement.ApproachPragmaticIdealisticResults inCreation of wealth and assets.Satisfaction and happiness.National IncomeAdds value to national income.Does not affects national income.
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