Different between market and un market activety

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01-02-2021
Social Studies

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Different between market and un market activety

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BryanMartinez0914 BryanMartinez0914 · Answer 1 · 2021-02-01T09:15:38-05:00

Marketing activities are those which are made to have financial gain in the form of earning profit /remuneration by selling the product produced by the activities of an economic agent.

Non-market activities are those activities which primarily aimed at self satisfaction or consumption.

Suppose, a cook cooking food for a restaurant is an market activity but housewife preparing same food in a house is a non-market activity.

Another example of market activity is teaching in an institution against a remuneration is a market activity but teaching your son/daughter in house is a non-market activity.

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