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What is the difference between economic and non-economic activity?
Wiki User
∙ 6y ago
economic activities are done to earn more and more money. this sort of activities are not done because of love or affection but for personal intrest, whereas non economic activities are do for love, pleasure, sympathy, etc.
example for economic activities are :-
1. a doctor working at his clinic
2. a carpenter working at his workshop
example for non economic activities are :-
1. a child helping an old man cross the road
Zane Blick
Alexandre Ferry
Economic activities is that we do to satisfy our wants and where money is involved. Non-economic activities means where money is not involved Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources
Wiki User
∙ 13y agoeconomic activities are done to earn more and more money. this sort of activities are not done because of love or affection but for personal intrest, whereas non economic activities are do for love, pleasure, sympathy, etc.
example for economic activities are :-
1. a doctor working at his clinic
2. a carpenter working at his workshop
example for non economic activities are :-
1. a child helping an old man cross the road
Wiki User
∙ 6y agoEconomic activities is that we do to satisfy our wants and where money is involved. Non-economic activities means where money is not involved Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources
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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 is the difference between a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
What is the difference between global economy and international economy?
There is no functional difference; they are the same thing, though they may be applied to differentiate between economic activity between certain groups of states and the world as a whole.
How many sectors are there in economic activity?
Economic activity refers to all transaction between individuals/groups and countries make as well as investments/savings and consumption of those transactions. Therefore, there are literally billions of economic activity going on around the world. If you buy a cabbage in the supermarket, that's an economic activity If you put your money into a bank, that's an economic activity
Explain the difference between primary secondary and tertiary economic activities?
primary economic activity is when you take or use natural resources directly from the earth.for example:mining, logging, drilling for oil, fishing, and farming. Secondary economic activity is when you use raw materials to produce something new. for example: John Morells, Carpenter
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 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 a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
What is the difference between activity and experiment?
the difference between activity and experiment is ...experiment is do
What is the difference between global economy and international economy?
There is no functional difference; they are the same thing, though they may be applied to differentiate between economic activity between certain groups of states and the world as a whole.
What is the difference between economics and commercial activity?
commercial economy those aspects of an economy that are tied to the exchange of goods, services, and labor activities, while economic activity attracts and supports a range of industries.
How many sectors are there in economic activity?
Economic activity refers to all transaction between individuals/groups and countries make as well as investments/savings and consumption of those transactions. Therefore, there are literally billions of economic activity going on around the world. If you buy a cabbage in the supermarket, that's an economic activity If you put your money into a bank, that's an economic activity
Explain the difference between primary secondary and tertiary economic activities?
primary economic activity is when you take or use natural resources directly from the earth.for example:mining, logging, drilling for oil, fishing, and farming. Secondary economic activity is when you use raw materials to produce something new. for example: John Morells, Carpenter
Non economic activities and its examples?
What is the difference between economic and non economic activities.?
What is called the difference between the value that an activity generates and the cost of the activity?
revenue
What is the difference between comparative economics and comparative economic system?
The different between them is that the word economics and economic.
What is the difference between an economic revolution and a political revolution?
the diifference between a political revolution and an economic revolution
