+2 votes
in Class 9 by kratos

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

1 Answer

+5 votes
by kratos
 
Best answer

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.

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