defrenciate between market and non market activities?.
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difference is so simple
market activities are done to earn money or credit
non market activities are done for satisfying our own needs etc.
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Differences between market activities and non-market activities:
Market Activities
1. Market activities involve remuneration to any one who performs, i.e., activity performed for pay or profit.
2. These include production of goods or services including government service.
Non Market Activities
1. Non-maeket activities are the production for self-consumption.
2. These can be consumption and processing of primary product and own account production of fixed assets.
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