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Explain the meaning of non-market activities. - Economics

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प्रश्न

Explain the meaning of non-market activities.

स्पष्ट करा
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उत्तर

Non-market activities refer to all those economic activities that do not involve monetary transactions and are not included in the calculation of national income or GDP. These are activities that are performed outside the organised market and do not generate income in the conventional sense, even though they contribute to overall well-being and economic value.

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पाठ 19: National Income Aggregates - TEST YOURSELF QUESTIONS [पृष्ठ ३८२]

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फ्रँक Economics [English] Class 12 ISC
पाठ 19 National Income Aggregates
TEST YOURSELF QUESTIONS | Q 40. | पृष्ठ ३८२
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