question_answer

  What is the difference between economic activities and non-economic activities?

Answer:

                  Economic Activities Activities which result in production of .goods and services which add to the national income are called economic activities. The activities classified in the three sectors are economic activities. Non-Economic Activities Those activities which are not performed for pay or profit, e.g., parents looking after their children or a mother cooking food for her family is a non-economic activity, as it is neither performed for pay or profit and nor does it add to the national income.