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Give me 10 examples of economic activity and non-economic activity?
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Give me 10 examples of economic activity and non-economic activity?
Economic Activities
- Manufacturing: This involves the production of goods from raw materials.
- Agriculture: Cultivation of crops and rearing of animals for food.
- Retailing: Selling goods to the final consumer at a profit.
- Transportation: Movement of goods and people from one place to another.
- Tourism: Traveling for leisure or business purposes, which contributes to the economy of a country.
- Banking: Financial institutions that provide various financial services to individuals and businesses.
- Real estate: Buying and selling of property, renting and leasing of property.
- Information Technology: Development of software, hardware, and other computer-related services.
- Telecommunications: Provision of communication services such as voice and data transmission.
- Energy: The production and distribution of electricity, gas, and other forms of energy.
Non-Economic Activities
- Volunteering: Offering services without expecting any financial gain.
- Household activities: Activities such as cooking, cleaning, and taking care of family members.
- Social activities: Events that bring people together for entertainment or socialization, such as parties or weddings.
- Religious activities: Worship, prayer, and other activities related to religion.
- Education: Activities related to learning, such as attending lectures, reading, and writing.
- Healthcare: Activities related to maintaining or improving health, such as exercising, visiting a doctor or dentist.
- Artistic activities: Activities related to creating or appreciating art, such as painting, dancing, or attending a concert.
- Sports: Participating in or watching sports events.
- Environmental activities: Activities related to protecting the environment, such as recycling or cleaning up litter.
- Personal activities: Activities that individuals engage in for their own pleasure or self-improvement, such as reading or meditating.
Economic activities are those activities that involve the production, distribution, and consumption of goods and services. These activities contribute to the economic growth of a country and generate income and employment opportunities. Non-economic activities, on the other hand, do not involve the production or consumption of goods and services for profit. They are usually undertaken for personal or social reasons and do not generate income or employment opportunities.
Community Answer
Give me 10 examples of economic activity and non-economic activity?
Economic activity example:- Banking , Farming , Cultivation , Consumption , Production , Transportation , Mining , Manufacturing , Livestock keeping , Hunting , Fishing.
Non- Economic activity example:- To worship , To help the poor , Washing of father's car by the son , Scholarship to a students , Teaching by mother to her daughter at home , Donating blood to injured people .
Non- Economic activity example:- To worship , To help the poor , Washing of father's car by the son , Scholarship to a students , Teaching by mother to her daughter at home , Donating blood to injured people .
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Give me 10 examples of economic activity and non-economic activity?
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Give me 10 examples of economic activity and non-economic activity? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Give me 10 examples of economic activity and non-economic activity? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Give me 10 examples of economic activity and non-economic activity?.
Give me 10 examples of economic activity and non-economic activity? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Give me 10 examples of economic activity and non-economic activity? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Give me 10 examples of economic activity and non-economic activity?.
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