Question

Distinguish between market and non-merket​

Answer 1

$\large\bf\underline\pink{Marketing\: activities}$

• This are mostly done for sale.
• In this activity we get income or cost for our work.
• Examples :- Working in shop , teaching students, etc.

$\large\bf\underline\purple{Non\:-\: marketing\: activities}$

• This is done for our own welfare or we can say we done it for own satisfaction.
• In this we do not get any income or pay from someone.
• Examples:- Our mothers works at home , teachers give tution to there own child , etc.

Answer 2

$\huge\mathrm\purple{Answer}$

A market is nothing but a place where prospective consumers and distributors meet to exchange products and services. Both sides play an important role in fixing prices, where buyers decide the demand and sellers decide the resources..

$\mathrm\red{Distinguish \: between \: market \: and \: non-market}$

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-Market Activities

Non-marketing doesn’t provide any benefit.

Example: Service offered by the government.

Example: manufacturing of primary commodities for the manufacture of goods and self-service one’s own.