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Economic activity & Non-economic activity

Economics

Is employment in a charitable organisation economic activity or non-economic activity?


LAVANYA M

LAVANYA M

CA Final

3K+

29-Apr-23 18:20

523

Answers (2)

Best Answer

Economic activity Because, for such employment he/she will be paid by charitable organisations


If you receive monetary benefits, it is an economic activity. If you do not receive any monetary benefits, but work voluntarily with a service motive, it is a non-economic activity.


Varshaa M

Varshaa M

CA Final

35K+

29-Apr-23 20:43

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