Question
Distinguish between Economic Activity and Non-Economic Activity.
| Points of Difference | Economic Activity | Non-Economic Activity | |
| $1.$ | Meaning | To satisfy human wants, activity to earn and spend income with exchange motive whatever activity performed by human is economic activity. | The activity which does not aim to earn income or spend income but just because carried out by attraction, feelings, love etc. is non economic activity. |
| $2.$ | Examples | Food producing activity of farmers, Dinner at restaurants, Teacher teaches at school to children. | Activity of donation, Activity of Nurse for caring his own baby, activity of thieves and robbers. A teacher teaches his/her own child. |
| $3.$ | Expectation of Reward | Economic activity is carried out with the expectations of reward and comparison of benefits and disadvantages. | Non-Economic Activity is carried out without any kind of expectation. Only refers to love, attraction, and feelings. |
| $4.$ | Exchange | Economic activity involve exchange of goods and service unavoidably. | Non-Economic Activity dies not connects with goods or services. Feelings, humanity, responsibility |
| $5.$ | Factors Affecting | Economic factors and market factors affects economic activity. | Towards nation and religion affects Non-Economic Activity. |
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