Differentiate between economic and non-economic activities with one example each.

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asked Mar 15, 2018 in Social Science by paayal (26,720 points) 4 6 11

Differentiate between economic and non-economic activities with one example each.

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answered Mar 15, 2018 by sanjaydas (61,430 points) 5 7 7
selected Mar 15, 2018 by faiz
 
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(i) Economic activities are such activities which gets you some income while performing them. For example, a doctor earning his income by treating his patients. 

(ii) Non-economic activities are the activities which do not earn you any income. For example, doctor treating his own family members, doesn’t earn any income.

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