These are done to earn a livelihood. 2)It gives more profit. Examples of non-economic activities: 1) Reading a book yourself. 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. These are done out of compassion ,love and care. 2) Non-economic … Activities which are undertaken to satisfy social, religious cultural and sentimental requirements are called non-economic activities. "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. 1) Market activity involved those activities which are performed basically for the purpose of the sale in the market and that include profit. non-economic activity is irrecoverable. 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. About This Quiz & Worksheet. 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. 4)For.eg.government service. Use these questions to make sure you understand what economic activities are. Non-economic activity can include anything from charitable work, ventures undertaken during leisure, religious and social activities and a myriad of others. Anonymous. Non-economic activities may be among members of a family, social worker and those being served etc. Non-economic activity is an activity performed gladly, to provide services to others. MARKET ACTIVITY 1)It involves the remuneration paid to any one who perform an activity for earning money. People undertake in non-economic activities for reasons of love, sympathy, religion, patriotism, etc. The economic activities not added to the GDP include the sales of used goods, sales of goods made outside the borders of the country. However, since at least For Example :- People going for work in factories ,farm , banks, hospitals,schools,etc. A doctor attending a patient charges a fees for this work so the activity is valued in money. The main motive of doing such activities to earn money by selling the output in the market. 4) Praying to God. The illegal sales … Economic Activities :-These activities give an income in return. Non Economic Activites :-These activities do not give any income in return. 5) Partying with friends. Non economic activities are those activities which does yield income to us which in-turn does not yield any income to our country. 3. 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