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Distinguish between market and non-market activities.

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NCERT Important Questions for Class 9 Social Science Economics Chapter 2
Social Science Class 9 Economics
People as Resource
Important Questions
3/5 Marks Questions

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1 Answer

  1. Market Activities
    1. They are done for remuneration or pay.
    2. Production of goods and services is for market.
    3. It is driven by Market forces.
    4. Eg. Doctor, engineer, rickshaw puller, etc.
    Non-Market Activities
    1. They are done for self-pleasure.
    2. Production is mainly for self-consumption so mainly processing of primary goods.
    3. Has little or no effect of Market forces.
    4. Kitchen garden, gardening, etc.

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/

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