Q. 64.0( 15 Votes )

Define econ

Answer :

Economic activity: These activities give an income in return and are done to earn a livelihood. E.g., people are going for work in offices, banks, hospitals, schools, etc.

Non-economic activity: These activities do not give any income in return and are done out of compassion, love, and care. E.g., social work, household work done by mothers and other people.


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