what are economic activity difference between market and non market activities
please explain according 3marks question
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(i) It involves the remuneration paid to anyone who performs an activity forearning money. Non—Market Activities: (i) Production is for self-consumption. 1) Market activityinvolved those activities which are performed basically for the purpose ofthe sale in the market and that include profit
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1
Answer:
(i) It involves the remuneration paid to anyone who performs an activity forearning money. Non—Market Activities: (i) Production is forself-consumption. 1) Market activity involved thoseactivities which are performed basically for the purpose of the sale in the market and that include profit.
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