Write three difference between market and non market. – InterviewSolution

1.

Write three difference between market and non market.

Answer»

the three difference between MARKET and non market are

it INVOLVES remuneration PAID to anyone who performs an ACTIVITY for earning money.
it GIVES profit.
examples government government service

Non market

production production is for self consumption.
it does not give any profit.
for example processing of primary production of goods

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