Difference between economic and non economic activities class 9

Economic activities are those activities which are concerned with consumption, production, exchange and distribution of wealth. Non-Economic activities are undertaken for the welfare of a country, family well being, social cause, health, entertainment etc. Economic activities are undertaken to earn wealth but the non-economic activities are undertaken not for earning wealth.

Class 9 2023-24 Economics syllabus ICSE : A syllabus is essential when someone is preparing for an exam irrespective of its level. From KG to PhD a syllabus is always circulated to the students so that they can track the progress of their curriculum. As the new academic session 2023-24 is all set to take a ride, students should be ready with the syllabi for their subjects. Economics (64) is one of the electives many ICSE Class 9 students have taken. This post is regarding the syllabus of Economics with general guidelines that ICSE Class 9 students must be aware of. Read the complete story for a better understanding and you can also download the ICSE Class 9 Economics syllabus PDF provided in this post. ICSE Economics Syllabus Aims 1.To acquire the knowledge of terms, facts, concepts, trends, principles, assumptions, etc. in Economics. 2.To develop familiarity with the basic terminology and elementary ideas of Economics. 3.To acquire knowledge of contemporary economic problems and to appreciate the efforts being made to solve these problems. 4.To develop an understanding of the Nation’s physical and human resources and how to avoid their misuse. 5.To understand the various economic processes that help in improving our standard of living. ICSE Class 9 Economics General guidelines: 1.There will be one paper of two hours duration carrying 80 marks and Internal Assessment of 20 marks. 2.The paper will be divided into two sections A and B. 3.Section A will consist of compulsory ...

Answer (i) A population becomes human capital when there is investment made in the form of education training and medical care. (ii) Human capital is the stock of skills and productive knowledge embodied in them. (iii) Investment made in the form of education and training in making a doctor, a teacher an engineer an a tailor, has increased their capabilities of providing different services to the people of the country and therefore they are an asset to the economy of a nation. Page 18 Question 1. Do you notice any difference between the two friends? What are those? Answer The differences between the two friends Sakal and Vilas were (i) Vilas’s father died when Vilas was two years old whereas Sakal was living with his parents. (ii) Sakal went to school but Vilas did not go to school. (iii) Sakal was interested in studies whereas Vilas was not interested in studies. (iv) Sakal did a course in computers and became employed whereas Vilas remained illiterate and was not employed. (v) The condition of Sakal and his family became better whereas Vilas and his family lived in poverty. Question 2. Visit a nearby village or a slum area and write down a case study of a boy or girl of your age facing the same condition as Vilas or Sakal. Answer A typical case study can be written as follows: I visited my ancestral village and found some families in a similar plight to Vikas. One boy, Puran, who is 15 years old, works as a farm labourer. In fact, all his family members are farm labourer...