What are economic and non-economic factors?

Answer:
Economic factors are all the units required in the economic activity of production of goods and services with the effective and efficient utility of resources and fulfill the consumption demand in any market and national economy.
Non economic factors are the social and political environment that may not directly effect the level of national income and output.
Economics is the interaction of the functions of demand and supply on the market for the prudent usage of scarce resources in order to arrive at a balanced curve while non-economics factors are factors that are used as substitutes to the players in the clear field of economics in order to allow the market play without interruption by switching to substitutes when the side of the players becomes high
First answer by ID2385393167. Last edit by Shekharsarkar. Contributor trust: 110 [recommend contributor recommended]. Question popularity: 14 [recommend question].