What are the two parts of economic activities?
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Economic activities have two parts: market and non-market activities.
- Market activities are the activity performed to earn income or activity performed for pay or profit.
- Non-market activities are the production of goods and services for self-consumption.
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● Market activities are the activity performed to earn income or activity performed for pay or profit. ...
● Non-market activities are the production of goods and services for self-consumption.
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