what is the difference between market activities and non market activities
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solu:- Differentiate between market activities & non-market activities are as follow s:-
*Market activities:- means in which all types of item should be buy and sold from the market.
eg:- Rice, wheat, clothes etc.
*Non-market activities:- means were no-items should be buy or sold from the market.
eg:-dairy products, Manufacturing items etc.
*Market activities:- means in which all types of item should be buy and sold from the market.
eg:- Rice, wheat, clothes etc.
*Non-market activities:- means were no-items should be buy or sold from the market.
eg:-dairy products, Manufacturing items etc.
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MARKET ACTIVITIES
1) Market activities involves remuneration to any one who performs I.e., activity performed for pay or profit .
2) These include production of goods or services including govt. service .
3) A worker working in a mine , Teacher teaching in a school etc . are some examples of market activities .
NON-MARKET ACTIVITIES
1) Non-Market activities are the production of self-consumption .
2) These can be consumption and processing of primary product and own account production of fixed assets .
3) Processing of primary products , subsistence farming etc . are non-market activities .
1) Market activities involves remuneration to any one who performs I.e., activity performed for pay or profit .
2) These include production of goods or services including govt. service .
3) A worker working in a mine , Teacher teaching in a school etc . are some examples of market activities .
NON-MARKET ACTIVITIES
1) Non-Market activities are the production of self-consumption .
2) These can be consumption and processing of primary product and own account production of fixed assets .
3) Processing of primary products , subsistence farming etc . are non-market activities .
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