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What is monetary compensation?
It is the payment in money received for performing work or services. Explanation: Examples include salaries for employees or fees for professionals. For more please visit here: https://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
It is the payment in money received for performing work or services.
Explanation: Examples include salaries for employees or fees for professionals.
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How is a technicians work classified?
A technician’s work is an economic activity. Explanation: It involves specialized skills compensated through salary or wages. For more please visit here: https://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
A technician’s work is an economic activity.
Explanation: It involves specialized skills compensated through salary or wages.
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Why are community festivals valuable despite being non-economic?
They strengthen social bonds and preserve cultural heritage. Explanation: Even without monetary value, these activities enrich communal life and identity. For more please visit here: https://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
They strengthen social bonds and preserve cultural heritage.
Explanation: Even without monetary value, these activities enrich communal life and identity.
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What is a market?
A market is a place where goods and services are exchanged, typically for money. Explanation: It can be physical or virtual, facilitating economic transactions like buying and selling. For more please visit here: https://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
A market is a place where goods and services are exchanged, typically for money.
Explanation: It can be physical or virtual, facilitating economic transactions like buying and selling.
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Why is cooking food at home not considered an economic activity?
It is done as a personal or family responsibility without monetary exchange. Explanation: Such activities prioritize care and sustenance over profit. For more please visit here: https://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
It is done as a personal or family responsibility without monetary exchange.
Explanation: Such activities prioritize care and sustenance over profit.
For more please visit here:
See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/