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What is the diffrence between economic and non-economic activities (in 50 words) |
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Answer» \tEconomic activitiesNon-economic activitiesEconomic activities are those activities which are performed to earn a livelihood.Non-economic activities are those activities which are performed out of love, sympathy, sentiments, patriotism, etcThe main aim of these activities is to earn profitsThe main aim of these activities is psychological satisfaction.The end result of these activi-ties is to satisfy human needThe end result of these activities is mental satisfaction of the person performing them.A teacher, a carpenter,a doctor, an artist, etcA teacher teaching her own son, a doctor treating poor patients without charging any fees, etc.\t\xa0 u only do ? activity |
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