difference between economic and non- economic activities
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difference between economic and non- economic activities
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Answer:
Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain.
Answer:
economic activity is one that contributes DIRECTLY to the economic growth of the country or to the GDP. example- chef cooking food in restraunt
Non-economic activity is one that does not contribute to economic growth directly. Example- A mother cooking food for her Family
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