what are non market activities ?
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Non market activities are those activities which do not include any financial transactions and done without any intention of earning money or profit. Examples of such activities are household work done by a housewife, crops grown by a farmer for his own family, tutions given by a teacher to his own child etc.
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Activities that have no financial transactions are called as Non Market Activities.
Production for self consumption is included. There is no profit in these activities.
☞ Household work done by a housewife.
☞ Crops grown by a farmer for his own family.
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