Explain the following term/concept :Non-economic Activity.

1.	Explain the following term/concept :Non-economic Activity.
Answer» (i) Human activities are divided into two types – economic and non-economic activities. (ii) Non-economic activities are those which are conducted by a person to satisfy his non monetary requirements. They include personal, social, cultural, religious activities, etc. E.g. singing, playing games, gardening etc.

Answer»

(i) Human activities are divided into two types – economic and non-economic activities.

(ii) Non-economic activities are those which are conducted by a person to satisfy his non monetary requirements. They include personal, social, cultural, religious activities, etc. E.g. singing, playing games, gardening etc.

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Explain the following term/concept :Non-economic Activity.

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