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                 Commerce (/commerce/) >  Class 11 Commerce
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                 (/commerce/class-11-commerce/) >  Class 11
                 Commerce Syllabus (/commerce/class-11-commerce-
                 syllabus/) >  Class 11 Statistics Syllabus
                 (/commerce/class-11-statistics-syllabus/) >  Meaning Of
                 Economic And Non Economic Activities
                 (/commerce/meaning-of-economic-and-non-economic-
                 activities/)
                    Meaning of Economic and
                    Non-Economic Activities
                 Economics is a social science which deals with the
                 production, distribution and consumption of goods and
                 services. It is the study of how individuals, businesses,
                 governments and countries make choices on allocating
                 resources to motivate their needs and wants and attempt
                 to determine how these categories should gather and
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                 correlate attempts to attain maximum output. Economic
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                 analysis certainly advances through analytical
                 procedures, like mathematical logic, where the
                 conjectures of different human activities are envisaged in
                 a “means-ends” structure.
                 Related link: What is Consumer Equilibrium?
                 (https://byjus.com/commerce/consumer-equilibrium-
                 utility-analysis/)
                 What are the Economic Activities?
                 Economic activity is an activity of providing, making,
                 buying or selling commodities or services by people to
                 satisfy day-to-day needs of life. Any activity that includes
                 manufacturing, distributing or utilising products or
                 services.
                 In fact,  whatever that involves money or the exchange of
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                 products or services are economic activities. The three
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                 types of economic activities are. 
                        Business – This economic activity provides goods
                        and services to satisfy human needs on a daily
                        basis with the aim of earning profits.
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                        Profession – It can also be defined as an
                                                                                                                                               Program
                        occupation or a professional job that offers
                        specialized services in return for professional
                                                                                                                                                 Name
                        charges.
                        Employment – The activity is based on a contract
                        between the company and the employee. Here, the                                                                          Mobile Number
                        employee performs duties for the company, and
                        are paid(wages or salary) in return.
                                                                                                                                                 City / Town
        You might also want to know: Top 6 Difference Between
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        Microeconomics And Macroeconomics
        (https://byjus.com/#Top-6-Difference-Between-
        Microeconomics-And-Macroeconomics)
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        Features of Economic activities
           Earning motive
           Utility creation
           Satisfaction
           Measurement
     
        Additional link: Organisation Of Economic Activities
     
        (https://byjus.com/commerce/organisation-of-
        economic-activities/)
        What are the Non-Economic
        Activities?
        Non-economic activity is an activity performed with the
        purpose of rendering services to others without any
        consideration to financial gain. Those activities which are
        initiated for personal content or to meet human
        sentiments are non-economic activities.
        Some common examples of non-economic activities are.
           Free -Time Activities – Its only aims at acquiring
           pleasure in idle time. For instance, painting and
           signing etc.
           Family-Commitment Activities – This activity is
           dedicated and inspired by family. For example, a
           teacher education to her/his own child at home
           and a doctor consulting his family etc.
           Cultural and Religious Activities – The activity
           includes happiness and mental. Example, e.g.
           worshipping God and visiting the temple etc. 
           Social Welfare Activities – It is based on a
           passionate feeling of helping or sympathizing
           towards others. Such as a donation to
           underprivileged, participation on relief camp to
           help people affected by war, natural calamities etc.
        Explore link: Important Questions for Class 11
        Economics (https://byjus.com/commerce/important-
        questions-class-11-economics/)
         Features of Non- Economic Activities 
           Service motive
           Self-satisfaction 
           Non-measured in money
           Social obligation
         Important Topics in Economics:
            Consumer Protection Act
            (https://byjus.com/commerce/what-is-the-
            consumer-protection-act/)
            What is Demand?
            (https://byjus.com/commerce/demand/)
            Circular Flow of Income
            (https://byjus.com/commerce/circular-
            flow-of-income-and-methods-of-
            calculating-national-income/)
            Consumer Equilibrium
            (https://byjus.com/commerce/consumer-
            equilibrium-utility-analysis/)
            Central Problems of an Economy
            (https://byjus.com/commerce/central-
            problems-of-economy-study-material/)
         Multiple choice questions: