Question

Economic activities have two parts:- market activities and ______________.

• A. Same activities
• B. Post activities
• C. Profit activities
• D. First activities
• E. Non-market activities

Answer 1

The correct option is E Non-market activities

• Market activity refers to the economic activity which includes the production and consumption of goods. These are performed for pay or profit. For example a teacher training in a school, a man working in the bank.
• Non-marketing activities include things which are not economic and comprises of the exchange system. These are performed for self-consumption. For example subsistence farming, processing of primary products, etc.