write difference between economic and non-economic?
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Meaning :
Economic activities : Economic activities are those activities which are performed to earn a livelihood.
Non-economic activities : Non-economic activities are those activities which are performed out of love, sympathy, sentiments, patriotism, etc
2. Aim :
Economic activities : The main aim of these activities is to earn profits
Non-economic activities : The main aim of these activities is psychological satisfaction.
3. End result :
Economic activities : The end result of these activi-ties is to satisfy human need..
Non-economic activities :The end result of these activities is mental satisfaction of the person performing them.
4. Examples :
Economic activities : A teacher, a carpenter,a doctor, an artist, etc
Non-economic activities : A teacher teaching her own son, a doctor treating poor patients without charging any fees, etc.
I hope u like this answer...
Economic activities : Economic activities are those activities which are performed to earn a livelihood.
Non-economic activities : Non-economic activities are those activities which are performed out of love, sympathy, sentiments, patriotism, etc
2. Aim :
Economic activities : The main aim of these activities is to earn profits
Non-economic activities : The main aim of these activities is psychological satisfaction.
3. End result :
Economic activities : The end result of these activi-ties is to satisfy human need..
Non-economic activities :The end result of these activities is mental satisfaction of the person performing them.
4. Examples :
Economic activities : A teacher, a carpenter,a doctor, an artist, etc
Non-economic activities : A teacher teaching her own son, a doctor treating poor patients without charging any fees, etc.
I hope u like this answer...
Answered by
1
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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