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Distinguish between market and non-market activities with three points of distinction.
Answer
Answer to be written
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Market Activities |
Non-Market Activities |
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1. It involves remuneration to anyone who performs an activity for profit . |
1. It is the production for self-consumption . |
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2. It involves profit . |
2. It does not involve profit . |
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3. For Example, Government Services . |
3. For Example, Government Services . |
