Page 1 Human Activities ?In every society people undertake various activities to satisfy their needs. These activities can b broadly be classified in two groups: ?ECONOMIC ACTIVITIES ? NON ECONOMIC ACTIVITIES Page 2 Human Activities ?In every society people undertake various activities to satisfy their needs. These activities can b broadly be classified in two groups: ?ECONOMIC ACTIVITIES ? NON ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ? Economic activities are those by which we can earn our livelihood. OR ? Keeping yourself engaged to earn something in return is economic activity. ? e.g. doctor, teacher, driver, sweeper or clerk are all engaged in economic activities. Page 3 Human Activities ?In every society people undertake various activities to satisfy their needs. These activities can b broadly be classified in two groups: ?ECONOMIC ACTIVITIES ? NON ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ? Economic activities are those by which we can earn our livelihood. OR ? Keeping yourself engaged to earn something in return is economic activity. ? e.g. doctor, teacher, driver, sweeper or clerk are all engaged in economic activities. NON ECONOMIC ACTIVITY ? Activities which do not have any economic motive and are performed with a feeling of love, sympathy, humanity and patriotism are known as non-economic activities. ? e.g. playing, dancing, giving donation, a housewife cooking food for family, or a boy helping an old man cross the road etc. Page 4 Human Activities ?In every society people undertake various activities to satisfy their needs. These activities can b broadly be classified in two groups: ?ECONOMIC ACTIVITIES ? NON ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ? Economic activities are those by which we can earn our livelihood. OR ? Keeping yourself engaged to earn something in return is economic activity. ? e.g. doctor, teacher, driver, sweeper or clerk are all engaged in economic activities. NON ECONOMIC ACTIVITY ? Activities which do not have any economic motive and are performed with a feeling of love, sympathy, humanity and patriotism are known as non-economic activities. ? e.g. playing, dancing, giving donation, a housewife cooking food for family, or a boy helping an old man cross the road etc. TYPES OF ECONOMIC ACTIVITIES ? Economic activities may be further divided into three categories: 1. Business 2. Profession 3. Employment Page 5 Human Activities ?In every society people undertake various activities to satisfy their needs. These activities can b broadly be classified in two groups: ?ECONOMIC ACTIVITIES ? NON ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ? Economic activities are those by which we can earn our livelihood. OR ? Keeping yourself engaged to earn something in return is economic activity. ? e.g. doctor, teacher, driver, sweeper or clerk are all engaged in economic activities. NON ECONOMIC ACTIVITY ? Activities which do not have any economic motive and are performed with a feeling of love, sympathy, humanity and patriotism are known as non-economic activities. ? e.g. playing, dancing, giving donation, a housewife cooking food for family, or a boy helping an old man cross the road etc. TYPES OF ECONOMIC ACTIVITIES ? Economic activities may be further divided into three categories: 1. Business 2. Profession 3. Employment Business ? The term Business is derived from the word ‘busy’ . Thus, business means being busy. ? However, in specific sense, business refers to an occupation in which people regularly engage themselves with a view to earn profit. ? Business involves production or purchase or exchange of goods and services to satisfy the needs of people with aim to earn profit. ? The persons who are engaged in business are called entrepreneurs.Read More
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