Question

(iii) They are conscious of proper nutrition and
hygiene.
15 Distinguish between market and
non-market activities with three points of
distinction.
or
Explain market and non-market activities
Under which activity would you classify
government services?
s. Any activity which add value to National Income
called​

Answer 1

Answer:

Differences between market activities and non-market activities:

Market Activities Non-market Activities

1. Market activities involve remuneration to any one who performs, i.e., activity performed for pay or profit. 1. Non-metal activities are the production for self-consumption.

2. These include production of goods or services including government service. 2. These can be consumption and processing of primary product and own account production of fixed assets

Answer 2

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