What is the basic difference between market activities and non-market activities?
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Answered by
15
Explanation:
Market activities involve activities which are performed basically for the purpose of sale in the market.
Non market activities involve primarily undertaken for the self consumption purpose.
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Answered by
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Market Activities
1. Market activities involve remuneration to any one who performs, i.e., activity performed for pay or profit.
These include production of goods or services including government service.
Non-market activitie
1. Non-metal activities are the production for self- consumption.
2. These can be consumption and processing of primary product and own account production of fixed assets.
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