Question

What are three things that are not considered economics ?

Answer 1

The three things not considered economic or regarded as non-economic activities are household chores, religious labor, and social services.

What are economic activities?

The economic activities include:

• Resource management
• Production of goods and services
• Distribution of goods and services
• Consumption of goods and services.

However, any activity without economic implications or where there is no exchange of economic value is not regarded as an economic acitivity.

All economic activities depend on the economic concepts of scarcity, supply and demand, costs and benefits, and incentives.

Thus, the three things not considered economic or regarded as non-economic activities are household chores, religious labor, and social services.

Learn more about economic activities at https://brainly.com/question/14545466

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