Non Economic Activities
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Non Economic Activities
Non- economic activities are performed by human beings because of social, psychological and religious sentiments. There is no place of economic gain in the non-economic activities. The examples of non-economic activities are : a housewife looking after the household, a person engaged in social work, a person engaged in serving the handicapped persons etc. These activities are pursued not to earn any income or profit, but to derive personal satisfaction.
Non- economic activities are pursued by those people who have some social, cultural or religious mission of their life. The element of profit or income and wealth generation is totally absent form the non-economic activities. The satisfaction derived by a person by the performance of non-economic activities is intangible and it cannot be measured in terms of money.
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Non- economic activities are pursued by those people who have some social, cultural or religious mission of their life. The element of profit or income and wealth generation is totally absent form the non-economic activities. The satisfaction derived by a person by the performance of non-economic activities is intangible and it cannot be measured in terms of money.
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