Question

difference between market activities and non market activities in tabular form

Answer 1

Answer:

Differences between market activities and non-market activities:

Market Activities Non-market Activities

1. Market activities involve remuneration to any one who performs, i.e., activity performed for pay or profit. 1. Non-metal activities are the production for self-consumption.

2. These include production of goods or services including government service. 2. These can be consumption and processing of primary product and own account production of fixed assets.

Answer 2

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Market Activities:

• (i) It involves the remuneration paid to anyone who performs an activity for earning money.

• (ii) It gives profit.

• (iii) For example: Government services.

Non-Market Activities:

• (i)Production is for self-consumption.

• (ii) It doesn't give any profit

• (iii) For example: Processing of primary products for production of goods and one's own self-services