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| 1. |
Difference between economic and non economic activities |
| Answer» Economic activities\xa0are performed for\xa0economic\xa0motive, i.e. earning profit. On the other hand,\xa0non-economic activities\xa0are performed due to social or psychological reasons, i.e. out of love, affection etc. ...\xa0Economic activitiesresult in creation and accumulation of wealth as they are done to earn profit. | |