Question

5 examples of market and non market

Answer 1

Answer:

For Example : a vegetable vendor selling vegetables , a grocer selling grocery, a shoemaker selling shoes, a general merchant selling consumer durable etc. Non market activities are those activities primarily undertaken for the purpose of self-consumption.

Answer 2

Market environment: interactions between firms and other parties that take place through markets or private agreements such as contracts. Non-market environment: includes social, political and legal arrangements that structure interactions outside, but in conjunction with, markets and private agreements.