What are Economic and Non- Economic Activities?

Economic and Non-Economic Activities

Meaning of Economic Activities

The activities of man performed with a view to earning wealth are called economic activities. 

For example, teaching by a teacher, treatment of patients by doctor, cultivation by farmer, working in a factory by a labourer etc. are economic activities.

Definition of Economic Activities

The economic activities have been defined as under:

Pigou, "Economic activities are those social activities which are done for the welfare of man and which can be measured in terms of money".

Meaning of Non-Economic Activities 

The activities that do not concern themselves with money or in which money is not involved but are done for pleasure or out of emotions are called non economic activities. 

For example, nursing of a child by mother, services done to his family by a doctor, teaching own son at home etc. are the examples of non economic activity. In the same way, charitable activities are also known as non economic activities.