1.

Market activities and non market activities

Answer» Economic activities can be classified into market activities and non-market activities.1. Market activities involve remuneration to anyone who performs the activity. These include\xa0production\xa0of goods and services for sale in the market.2. On the other hand, non-market activities are the production activities performed for self-consumption. These include consumption and processing of primary products and own account production of fixed assets.


Discussion

No Comment Found