Question
Differentiate between economic and non economic activities.
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Basis
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Economic Activities
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Non Economic Activities
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1.
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Meaning
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Activities which are undertaken to earn money are called economic activities.
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Activities which are undertaken because of love, care, religious factors, emotional reasons, hygienic reasons etc are non-economic activities. In other words, all activities other than economic activities are non-economic activities.
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2.
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National Income
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These activities are included in National Income.
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These activities are not included in national income.
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3.
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Example
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A teacher teaching in a school; A doctor treating a patient; A farmer working in his farm; A lady performing on stage as a paid artist etc.
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A student preparing for IAS and being taught by his father; a father dropping his child to school; a person brushing his teeth; a person offering prayers in the morning etc.
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Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| Output (Units) | Total Revenue (₹) | Marginal Cost (₹) |
| 1 | 9 | 15 |
| 2 | 18 | 8 |
| 3 | 27 | 9 |
| 4 | 36 | 10 |
| 5 | 45 | 11 |