Doing some work for self-consumption is which kind of activity?
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Heya....
Doing some work for self consumption is....known as Consumption....
As we go market and purchase some thing for our use that is consumption and the expenditure on it is called consumption expenditure....
Doing some work for self consumption is....known as Consumption....
As we go market and purchase some thing for our use that is consumption and the expenditure on it is called consumption expenditure....
Anonymous:
yups
Answered by
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important point 1) Non market activities are those activities primarily undertaken for the purpose of self-consumption. These activities don't give profit as they are for self consumption.
2) The output of the non market activities is neither for sale in the market nor for earning profit. These activities can be for consumption and processing of primary products for one's own use.
3) Example : A farmer cultivates primarily for himself and his family and not for earning profit
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