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What is the difference between economic and noneconomic activity?

Economic activity is the activity in which we work for earning an incom. Non economic activity is the activity wich we do it for our satisfaction.


What are the example that economic factors linked to non-economic?

examples of non economic factors


Non economic activities and its examples?

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


What are the four levels of economic activity and give two examples of each level?

The four types of economic activity, and some examples of each, are listed below.1) Primary Activity - This is the extractive sector of an economy, such as mining or agriculture. It is in this activity that workers come into direct contact with the environment. It is often considered the most basic level of economic activity.2) Secondary Activity - This is the activity that involves the manufacture of raw materials into finished industrial products. A canning factory or lumber yard are examples.3) Tertiary Activity - This is service-based economic activity. This includes areas such as education, retail, finance, and government work.4) Quaternary Activity - This involves the collection and manipulation of information. This is the most recent form of economic activity, and it is based on the development of technology.


What is economic and non-economic activity?

Essentially the difference between economic and non economic activity is that economic activity are activities in the economy that contribute to the Gross Domestic Product [GDP] of the Nation. I.E if you provide/produce a good or service in exchange for money. example: you grow apples and sell them at the market- this is economic activity. Non economic activity is just the opposite. Activity in the economy that does not affect GDP. My understanding is that it is essentially unpaid work. Like if you clean your house or mow your lawn and do not get paid for your time/efforts.

Related Questions

What is the difference between economic and noneconomic activity?

Economic activity is the activity in which we work for earning an incom. Non economic activity is the activity wich we do it for our satisfaction.


What is the difference between economic and noneconomic?

Economic activity is the activity in which we work for earning an incom. Non economic activity is the activity wich we do it for our satisfaction.


What are the example that economic factors linked to non-economic?

examples of non economic factors


Non economic activities and its examples?

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


Is doing school homework an economic activity?

no it doesn't deal with money. its non economic activity.


Why begging is a non economic activity?

Begging is non economic activities because is self help.. For daily meal and the money can hardly be saved


What are the four levels of economic activity and give two examples of each level?

The four types of economic activity, and some examples of each, are listed below.1) Primary Activity - This is the extractive sector of an economy, such as mining or agriculture. It is in this activity that workers come into direct contact with the environment. It is often considered the most basic level of economic activity.2) Secondary Activity - This is the activity that involves the manufacture of raw materials into finished industrial products. A canning factory or lumber yard are examples.3) Tertiary Activity - This is service-based economic activity. This includes areas such as education, retail, finance, and government work.4) Quaternary Activity - This involves the collection and manipulation of information. This is the most recent form of economic activity, and it is based on the development of technology.


What is economic and non-economic activity?

Essentially the difference between economic and non economic activity is that economic activity are activities in the economy that contribute to the Gross Domestic Product [GDP] of the Nation. I.E if you provide/produce a good or service in exchange for money. example: you grow apples and sell them at the market- this is economic activity. Non economic activity is just the opposite. Activity in the economy that does not affect GDP. My understanding is that it is essentially unpaid work. Like if you clean your house or mow your lawn and do not get paid for your time/efforts.


What are some non examples of a crater?

A valley, a hill, and a volcano are non-examples of a crater. These landforms are not formed by impact events or volcanic activity like craters are.


What are examples of the first level of economic activity?

puting things together on earth eg farming.fishing.minimg.


Is begging a non economic activity?

yes, because economic activity means that you do service for him and the person will give you money. but in the case of begging the begger is not doing any service to us but he wants money from us..


Whats the definition of noneconomic activity?

Any activity that does not result in a factor payment. Basically, if you do something but don't get paid for it(house wife) then its non-economic.

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