Question

write any three differences between economic activities and non-economic activities ​

Answer 1

Answer:

Basis for ComparisonEconomic ActivityNon-Economic ActivityMoney measurementMeasured in monetary terms.Lacks money measurement.ApproachPragmaticIdealisticResults inCreation of wealth and assets.Satisfaction and happiness.National IncomeAdds value to national income.Does not 

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Answer 2

Answer:

Non-economic activities:

1.Non-economic activity refers to a activity performed with the aim of providing services to others without any regard to monetary gain.

2.Non-economic motive is social or psychological.

3. Money lacks in measurement.

4. It results in satisfaction & happiness.

Explanation:

Economic activity

1. The activities which add value to the national income are called economic activities. In simple language we can say that those activities which are performed for money are called economic activities.

2. Any activity that includes manufacturing, distributing or utilising products or services

3. Manufacturing and Industry. ...

The Service Industry. ...

The Intellectual Sector. ...

The Quinary Sector.