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What is the difference between economic activities and non economic activities |
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Answer» tion:Difference Between Economic and Non-Economic ActivitiesLast updated on October 14, 2017 by Surbhi Seconomic VS non-economic activitiesEvery human being keeps himself occupied in some activity to satisfy human wants; such activities are known as human activities. These activities are broadly classified as economic and non-economic activities. While economic activities are those CONDUCTED with an aim of earning money or acquiring wealth, non-economic activities are performed free of cost, with service motive. The main difference between economic and non-economic activities lies in the fact that the economic activities are carried out to satisfy human needs, whereas non-economic activities are performed for gaining psychological SATISFACTION. So, check out this article to get some more DIFFERENCES amidst these two types of human activities. |
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