Question
How are market activities different from non-market activities?

Answer

Differences between market activities and non-market activities:
S.No.
Market Activities
Non-market Activities
1.
Market activities involve remuneration to any one who performs, i.e., activity performed for pay or profit.
Non-market activities are the production for self-consumption.
2.
These include production of goods or services including government service.
These can be consumption and processing of primary product and own account production of fixed assets.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free