Write five example of economics and non economic
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Summary
There are many activities but these activities differ from person to person. Some people work at home and in offices, children study and play and the elderly people spend their time in prayer, watchin TV etc. The activities can be mainly classified as Economic and Non-Economic Activities.
Economic Activities
Activites that are done to earn money and equire wealth is an economic activity. Eg .Working in the office, working on the farm and teaching, banking etc comes under economic activities.
Non-Economic Activities
Activities that are done for free are called non-economic activities. non economic activitie are done for reasons not to earn money such as religion, friendship etc.
Eg: If some one loves gardening and does it for free it is a non economic activity if the person is paid for gardening it is an economic activity.
Summary
There are many activities but these activities differ from person to person. Some people work at home and in offices, children study and play and the elderly people spend their time in prayer, watchin TV etc. The activities can be mainly classified as Economic and Non-Economic Activities.
Economic Activities
Activites that are done to earn money and equire wealth is an economic activity. Eg .Working in the office, working on the farm and teaching, banking etc comes under economic activities.
Non-Economic Activities
Activities that are done for free are called non-economic activities. non economic activitie are done for reasons not to earn money such as religion, friendship etc.
Eg: If some one loves gardening and does it for free it is a non economic activity if the person is paid for gardening it is an economic activity.
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