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Give an example of activity which …

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Give an example of activity which is economic in one side non economic on other side.

Posted by Ari Chandran 4 years, 2 months ago

CBSE > Class 11 > Business Studies

2 answers

Harsh Srivastava 4 years, 2 months ago

Activities are classified into economic and non economic activities and there are various activities which can be economic and non economic on other side..... Suppose your father has bakery where he sells cakes for earning motive but he has bake some cakes on Sunday for you for your happiness which is done for his mental and physiological satisfaction

Meghna Thapar 4 years, 2 months ago

Business is considered an economic activity because it is concerned with production, purchase, sale or distribution of goods and Services with an aim of earning profit. An example of activity which is economic in one side and non-economic on other side is teaching. When a teacher teaches in a school, it's an economic activity and when a teacher teaches to his children, it's a non-economic activity.

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