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It is important to distinguish between economic and non-economic activities because they serve different purposes in society. Economic activities involve earning money and contributing to the economy through production, trade, or services, which help individuals sustain their livelihoods and drive economic growth. In contrast, non-economic activities are done out of goodwill, personal satisfaction, or social responsibility, without the aim of financial gain. Understanding this distinction helps clarify motivations behind actions and highlights the balance between making a living and contributing to personal and societal well-being through non-monetary efforts. Both types of activities are essential for a well-rounded society.
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Understanding both economic and non-economic activities is essential for appreciating the diverse contributions individuals make to society. Economic activities, such as manufacturing and services, directly impact wealth creation and employment, driving the economy forward. In contrast, non-economic activities, like volunteering and caregiving, foster social cohesion and enhance community well-being. Recognizing the value of both types of activities highlights how people contribute not only to financial prosperity but also to cultural, emotional, and social dimensions of life. This holistic view encourages a deeper appreciation for all forms of labor and service within society. Therefore option 3 is correct.
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Recognizing the difference between economic and non-economic activities clarifies how society functions. Economic activities generate income, fulfill material needs, and sustain the economy, supporting livelihoods. Non-economic activities, though unpaid, strengthen social bonds, offer emotional support, and enhance quality of life. This distinction allows a balanced perspective on human contributions, acknowledging both financial and emotional value, and encourages appreciation for unpaid yet vital community-oriented actions.
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