Differentiate between economic and non economic activities

Explanation :

• Economic activities are those activities which are performed for the benefit of monetary.
• The motive is Economic, i.e. to earn money.
• This results in Creation of wealth and assets.
• Non -economic activities  are those activities which are performed voluntary without any monetary  benefit
• The motive is Social or psychological, i.e. out of love, affection, etc.
• This results in Satisfaction and happiness.

Final Answer : 

Economic activities are for the benefit for the monetary purpose whereas non -economic activities are not for the benefit for monetary purpose.