Difference between market and non market activity
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In non market activities anyone who performs activity gain loss or profit whereas in non market activities are used for self comsumption
eg of market activities-Teacher teaching in a school
eg of non market activities-Subsistence farming
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Explanation:
Difference between market and non-market activities
Market activities Non-market activities
It includes the payments made to someone who carries out an action to earn revenue. In non-marketing activities, production is for self-consumption.
Market activities bring profit. Non-marketing doesn't provide any benefit.
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