Question
What is Non-Economic activity? Give example.

Answer

  • The activity which does not involve the earning, spending or exchange objective but involves only any of like mercy, attraction, love or any other is known s non-economic activity.
  • E.g. a teacher teaches his child in the school with other students then it is economic activity and with attraction or love or feelings if he teaches the child at home then it is non-economic activity.
  • Here the objective of the teacher is not of earning income and there is no exchange motive also, thus, it is non-economic activity.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free