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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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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.
Whats the definition of economic activity?
Economic activity is the production and distribution of goods and services. Economic Activity is also correlated with Employment. If unemployement increases than the demand for goods and services decrease, however, if it decreases than on the other hand we have a higher demand for goods and services. This also benfits the triad nations as international business increases between members (USA, EU & JAPAN).
Whats the definition of residual versus mass poverty in developed versus less developed countries?
it is a situation in which a large section of people in economy are deprived of the basic necessities
Discuss the economic and noneconomic factors determining development?
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What is the definition of economic fluctuations?
regressions and expansionsA sequence of economic activity typically characterized by recession, fiscal recovery, growth, and fiscal decline.
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.
Whats the Definition of gibbons dealing with the phases of the moon?
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Definition of crime by socilogist?
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What is the definition of psychomotor skills in physical activity?
What is the definition of psychomotor skills in physical activity
A short definition of intellectual development?
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What is the definition of vermouth?
whats the meaning of "vermouth"
Whats the definition of social outcome?
NO SUCH THING
Whats the greatplains major economic activity?
agriculture.
What does noneconomic mean in a medical malpractice lawsuit?
Noneconomic damages are for pain and suffering. Tort reform often involves imposing maximum amounts that plaintiffs can recover for these damages, since they are very difficult to put a price tag on.
