Economic Activities :-These activities give an income in return. 2)It gives more profit. EXAMPLE OF ECONOMIC ACTIVITY:1.Teacher teach students in school 2.bank give service 3.sales 4.investment on business 5.workers work for money EXAMPLE OF NON-ECONOMIC ACTIVITIES:1.A teacher teach her son. "e VAT Directive’s de!nition of economic activity is widely drawn, including any activity supplying services or exploiting tangible or intangible property to derive income therefrom. 4)For.eg.government service. Use these questions to make sure you understand what economic activities are. Non-economic activities: 1) Non-economic activity refers to a activity performed with the aim of providing services to others without any regard to monetary gain. The illegal sales … These are done out of compassion ,love and care. Activities which are undertaken to satisfy social, religious cultural and sentimental requirements are called non-economic activities. MARKET ACTIVITY 1)It involves the remuneration paid to any one who perform an activity for earning money. 2.give money to poors. Examples of non-economic activities: 1) Reading a book yourself. For Example :- People going for work in factories ,farm , banks, hospitals,schools,etc. The main motive of doing such activities to earn money by selling the output in the market. 4) Praying to God. Non-economic activity can include anything from charitable work, ventures undertaken during leisure, religious and social activities and a myriad of others. non-economic activity is irrecoverable. 3)It is basically for selling good in market and gain more profit. A doctor attending a patient charges a fees for this work so the activity is valued in money. Dear You Asked for in words. Others include transfer payments carried out by the government. What economic activities are not included in GDP? 5) Partying with friends. Anonymous. 0 0. About This Quiz & Worksheet. 2) Chareity. 3.mother cook food for … However, since at least People undertake in non-economic activities for reasons of love, sympathy, religion, patriotism, etc. 3. Any activity undertaken under the five sectors of a country’s economy, namely – primary, secondary, tertiary, quaternary and quinary sectors come under the purview of economic activities. Non-economic activity is an activity performed gladly, to provide services to others. 3) Planting a tree. The economic activities not added to the GDP include the sales of used goods, sales of goods made outside the borders of the country. You will be quizzed on different economic and non-economic activities. 5 years ago. Whereas non market activities are those activities primarily undertaken for the purpose of self consumption. 1) Market activity involved those activities which are performed basically for the purpose of the sale in the market and that include profit. 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