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