Economic activities are
activities that are directly related to the production and distribution of
goods and services and are aimed at generating income and profits. Examples of
economic activities include agriculture, mining, manufacturing, and retail
trade.
Non-economic activities,
on the other hand, are activities that do not have a direct relationship with
the production and distribution of goods and services and are not aimed at
generating income or profits. Examples of non-economic activities include
volunteering, household work, and religious practices.
The main differences
between economic and non-economic activities are:
- Purpose: Economic activities are focused on
generating income and profits, while non-economic activities are not
focused on generating income or profits.
- Value: Economic activities are valued in
terms of money, while non-economic activities are valued in terms of
personal satisfaction, spiritual fulfillment, or social recognition.
- Measurability: Economic activities are easily
measurable in terms of their contribution to the economy, while
non-economic activities are difficult to quantify.
- Commercialization: Economic activities can be
commercialized, while non-economic activities cannot be commercialized.
- Social impact: Economic activities have a
significant impact on the economy, while non-economic activities have a
social impact, such as community building and volunteering.
In conclusion, both
economic and non-economic activities play a crucial role in the development of
society, and a balance between the two is essential for overall prosperity and
well-being.