Question

4. Differentiate between Market Activities and Non-Market Activities​

Answer 1

Explanation:

1) Market activity involved those activities which are performed basically for the purpose of the sale in the market and that include profit. ... Whereas non market activities are those activities primarily undertaken for the purpose of self consumption. This activity don't give profit as they are for self consumption

Answer 2

Market activities:-

1) it involves the remuneration paid to Anuone who performed an activity for earning money.

2) it gives profit

3) for example:- Government services

Non-market activities:-

1)production is for self-consumption

2)it doesn't give any profit

3) For example:- processing of primary products for production of goods and one's own self-services

hope this may helps you :-)