Question

1. Assertion (A): Market activities are performed for pay or profit.
Reason(R): Non market activities are performed for self consumption.
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true and R is the not correct explanation of A.
(c) A is correct but R is wrong.
(d) A is wrong but R is correct
.
2. Assertion (A): Unemployment affects the overall growth of the economy.
Reason (R): Increase in unemployment is an indicator of progressive economy.
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true and R is the not correct explanation of A.
(c) A is correct but R is wrong.
(d) A is wrong but R is correct.

Answer 1

Answer:

Non market activities are the production for self- consumption and processing of primary product and own account production of fixed assets.

Explanation:

enna brainiest answerla sethurunga

Answer 2

Answer:

1. (b) Both A and R are true and R is the not correct explanation of A.  2. (c) A is correct but R is wrong.

Explanation:

What are market activities:

• Market activities are those activities that are carried out primarily for the aim of selling something on the market for a profit.
• The primary motivation for engaging in such activities is to benefit from the output by selling it on the market.
• It covers commodities and services manufacturing, as well as government services.

What are non- market activities:

• Non-market activities are those that are carried out largely for the sake of self-consumption.
• These activities are not profitable because they are for personal consumption.
• The non-market activities' output is neither for sale in the market nor for profit.

Effect of employment:

• Unemployment has an impact on an economy's overall growth because it wastes manpower resources.
• It adds to the economic burden.
• It has a tendency to expand the number of dependents.
• A rise in unemployment is a sign of a weakening economy.