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18. What is the difference betweeneconomic activities and non-economic activities?​

Answer» <html><body><p>The activities which <a href="https://interviewquestions.tuteehub.com/tag/add-361838" style="font-weight:bold;" target="_blank" title="Click to know more about ADD">ADD</a> value to the national income are called economic activities. In simple language we can <a href="https://interviewquestions.tuteehub.com/tag/say-1195451" style="font-weight:bold;" target="_blank" title="Click to know more about SAY">SAY</a> that those activities which are <a href="https://interviewquestions.tuteehub.com/tag/performed-2211234" style="font-weight:bold;" target="_blank" title="Click to know more about PERFORMED">PERFORMED</a> for money are called economic activities and those which are not performed for monetary gains are called non-economic activities. If mother is working as a chef in a hotel, she gets paid for it. This is an economic activity. When she cooks food for her <a href="https://interviewquestions.tuteehub.com/tag/family-983451" style="font-weight:bold;" target="_blank" title="Click to know more about FAMILY">FAMILY</a>, she is <a href="https://interviewquestions.tuteehub.com/tag/performing-2219384" style="font-weight:bold;" target="_blank" title="Click to know more about PERFORMING">PERFORMING</a> a non-economic activity because she is not paid for that.hope it was helpful...........</p></body></html>


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