what are non market activities
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QUESTION -
What are non market activities?
ANSWER -
Non-market activities are the activities which are primarily undertaken for the purpose of self-consumption. The output of non-market activities are neither for sale in the market nor for earning profit.
For example, a farmer cultivates primarily to feed himself and his family.
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♡Answer♡:-
Non market activities are those activities that have no financial transactions. It includes production for self consumption and hence there is no provit assotiated with this activity.
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