How are market activities different from non market activities?
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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 eg:-
Government services
Non market activities:-
I) production is for self consumption.
II) It doesn't gives any profit.
III) For eg:-
processing of primary products for production of goods and one's own self-services.
Hope it's helpful for you!
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I) it involves the remuneration paid to anyone who performs an activity for earning money.
II) It gives profit.
III) For eg:-
Government services
Non market activities:-
I) production is for self consumption.
II) It doesn't gives any profit.
III) For eg:-
processing of primary products for production of goods and one's own self-services.
Hope it's helpful for you!
mark me brainalist
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