Advertisements
Advertisements
Question
What is the difference between economic activities and non-economic activities?
Answer in Brief
Solution
Activities that add value to the national income are called economic activities. These have two parts − market activities (production for pay or profit) and non-market activities (production for self consumption).
Non-economic activities are the ones that do not add to the national income; for example, an individual performing domestic chores.
shaalaa.com
Introduction of People as Resource
Is there an error in this question or solution?
