Distinguish between market and non market activities
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Following are the difference between market activities and non market activities. 1) Market activities involve those activities which are performed basically for the purpose of the sale in the market and that include remuneration or profit. ... These activities don't give profit as they are for self consumption.
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market :
where exchange of money takes place
trade expands
competition among the producers take place
non market activities:
where work is done for free like, house hold works.
no money is paid for those works , those works r done only for the emotional satisfaction.
there is no competition in doing those works.
hope it helps.....
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where exchange of money takes place
trade expands
competition among the producers take place
non market activities:
where work is done for free like, house hold works.
no money is paid for those works , those works r done only for the emotional satisfaction.
there is no competition in doing those works.
hope it helps.....
if yes then please do mark it brainliest
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