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Commerce and Business

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Topics

  • Introduction
  • Classification of Human Activities: Flow Chart
  • Classification of Human Activities: Table
  • Real-Life Application
  • Key Point Summary
Maharashtra State Board: Class 11

Introduction

All humans need different goods and services to meet their needs. So, they stay busy with activities throughout life, such as obtaining food, clothing, shelter, education, and healthcare. 

Maharashtra State Board: Class 11

Classification of Human Activities: Flow Chart

All activities can be divided into economic and non-economic activities. 

Maharashtra State Board: Class 11

Classification of Human Activities: Table

Aspect Economic Activities Non-Economic Activities
Focus Income or profit Personal or social satisfaction
Reward Monetary Non-monetary
Example Running a tailoring shop Volunteering at an orphanage
Maharashtra State Board: Class 11

Real-Life Application

Mr. Ali runs a cafe (economic). On Sundays, he offers free meals to the homeless (non-economic).

Maharashtra State Board: Class 11

Key Point Summary

  • Economic vs. non-economic depends on monetary exchange.
  • Non-economic activities cater to social or personal satisfaction.
  • Many individuals perform both types in daily life.

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