Geeta Aunty, an Air Force pilot, and Rohan, a software engineer, exemplify individuals engaged in economic activities as they both earn salaries for their professional roles. Their jobs contribute to the economy by providing essential services and solutions—Geeta Aunty ensures national defense and sRead more
Geeta Aunty, an Air Force pilot, and Rohan, a software engineer, exemplify individuals engaged in economic activities as they both earn salaries for their professional roles. Their jobs contribute to the economy by providing essential services and solutions—Geeta Aunty ensures national defense and security, while Rohan develops software that enhances technological efficiency. By receiving salaries, they participate in the labor market, supporting their livelihoods and contributing to economic growth. Their professions not only reflect their skills and expertise but also illustrate the diverse sectors within the economy where individuals can earn income through meaningful work. Therefore option 4 is correct answer.
Non-economic activities are motivated by emotions such as love, care, and altruism, rather than the pursuit of monetary gain. Examples include caring for family members, volunteering in community service, or helping friends in need. These actions prioritize emotional connections and social responsibRead more
Non-economic activities are motivated by emotions such as love, care, and altruism, rather than the pursuit of monetary gain. Examples include caring for family members, volunteering in community service, or helping friends in need. These actions prioritize emotional connections and social responsibility, contributing to personal fulfillment and community well-being. By engaging in non-economic activities, individuals foster relationships, strengthen social bonds, and promote a sense of belonging within their communities. Ultimately, these activities highlight the importance of compassion and support in enhancing the quality of life beyond financial considerations. Therefore option 3 is correct.
Payment in kind refers to compensation received in forms other than cash, such as goods, services, or commodities. This practice is often utilized in situations where cash may be scarce or impractical, allowing for transactions to occur through direct exchanges of value. For example, a farmer mightRead more
Payment in kind refers to compensation received in forms other than cash, such as goods, services, or commodities. This practice is often utilized in situations where cash may be scarce or impractical, allowing for transactions to occur through direct exchanges of value. For example, a farmer might receive livestock in exchange for agricultural products, or an employee might accept goods as part of their salary. Payment in kind can facilitate trade and strengthen relationships in various contexts, especially in barter economies or among communities with strong social ties. Ultimately, it underscores the diverse ways individuals and businesses can engage in economic exchanges beyond traditional monetary transactions. Therefore option 2 is correct.
When Sahil receives part of his payment in mangoes, it exemplifies the concept of payment in kind, where goods or services are exchanged instead of traditional monetary currency. This form of compensation is often used in agricultural or barter economies, where tangible items like food, livestock, oRead more
When Sahil receives part of his payment in mangoes, it exemplifies the concept of payment in kind, where goods or services are exchanged instead of traditional monetary currency. This form of compensation is often used in agricultural or barter economies, where tangible items like food, livestock, or other products are given in lieu of cash. Payment in kind can help facilitate transactions in situations where cash may be scarce or impractical. Additionally, it reflects a direct exchange of value, allowing individuals to fulfill their needs using tangible goods rather than relying solely on currency. Therefore option 2 is correct.
Non-economic activities play a vital role in enhancing the quality of life and contributing to societal welfare, even though they do not involve direct financial gain. These activities include volunteering, community service, cultural events, and recreational pursuits, all of which foster social cohRead more
Non-economic activities play a vital role in enhancing the quality of life and contributing to societal welfare, even though they do not involve direct financial gain. These activities include volunteering, community service, cultural events, and recreational pursuits, all of which foster social cohesion and strengthen community bonds. By promoting well-being, education, and cultural enrichment, non-economic activities improve overall happiness and life satisfaction within society. Additionally, they create a supportive environment that encourages collaboration and mutual assistance, ultimately leading to a more harmonious and resilient community. Therefore option 2 is correct.
Who receives a salary in Anu and Kabirs story?
Geeta Aunty, an Air Force pilot, and Rohan, a software engineer, exemplify individuals engaged in economic activities as they both earn salaries for their professional roles. Their jobs contribute to the economy by providing essential services and solutions—Geeta Aunty ensures national defense and sRead more
Geeta Aunty, an Air Force pilot, and Rohan, a software engineer, exemplify individuals engaged in economic activities as they both earn salaries for their professional roles. Their jobs contribute to the economy by providing essential services and solutions—Geeta Aunty ensures national defense and security, while Rohan develops software that enhances technological efficiency. By receiving salaries, they participate in the labor market, supporting their livelihoods and contributing to economic growth. Their professions not only reflect their skills and expertise but also illustrate the diverse sectors within the economy where individuals can earn income through meaningful work. Therefore option 4 is correct answer.
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Which profession is associated with a non-economic activity?
Non-economic activities are motivated by emotions such as love, care, and altruism, rather than the pursuit of monetary gain. Examples include caring for family members, volunteering in community service, or helping friends in need. These actions prioritize emotional connections and social responsibRead more
Non-economic activities are motivated by emotions such as love, care, and altruism, rather than the pursuit of monetary gain. Examples include caring for family members, volunteering in community service, or helping friends in need. These actions prioritize emotional connections and social responsibility, contributing to personal fulfillment and community well-being. By engaging in non-economic activities, individuals foster relationships, strengthen social bonds, and promote a sense of belonging within their communities. Ultimately, these activities highlight the importance of compassion and support in enhancing the quality of life beyond financial considerations. Therefore option 3 is correct.
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See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
What is meant by payment in kind?
Payment in kind refers to compensation received in forms other than cash, such as goods, services, or commodities. This practice is often utilized in situations where cash may be scarce or impractical, allowing for transactions to occur through direct exchanges of value. For example, a farmer mightRead more
Payment in kind refers to compensation received in forms other than cash, such as goods, services, or commodities. This practice is often utilized in situations where cash may be scarce or impractical, allowing for transactions to occur through direct exchanges of value. For example, a farmer might receive livestock in exchange for agricultural products, or an employee might accept goods as part of their salary. Payment in kind can facilitate trade and strengthen relationships in various contexts, especially in barter economies or among communities with strong social ties. Ultimately, it underscores the diverse ways individuals and businesses can engage in economic exchanges beyond traditional monetary transactions. Therefore option 2 is correct.
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See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
What kind of payment does a farm laborer receive in Sahils case?
When Sahil receives part of his payment in mangoes, it exemplifies the concept of payment in kind, where goods or services are exchanged instead of traditional monetary currency. This form of compensation is often used in agricultural or barter economies, where tangible items like food, livestock, oRead more
When Sahil receives part of his payment in mangoes, it exemplifies the concept of payment in kind, where goods or services are exchanged instead of traditional monetary currency. This form of compensation is often used in agricultural or barter economies, where tangible items like food, livestock, or other products are given in lieu of cash. Payment in kind can help facilitate transactions in situations where cash may be scarce or impractical. Additionally, it reflects a direct exchange of value, allowing individuals to fulfill their needs using tangible goods rather than relying solely on currency. Therefore option 2 is correct.
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See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
Why are non-economic activities still valuable despite not involving money?
Non-economic activities play a vital role in enhancing the quality of life and contributing to societal welfare, even though they do not involve direct financial gain. These activities include volunteering, community service, cultural events, and recreational pursuits, all of which foster social cohRead more
Non-economic activities play a vital role in enhancing the quality of life and contributing to societal welfare, even though they do not involve direct financial gain. These activities include volunteering, community service, cultural events, and recreational pursuits, all of which foster social cohesion and strengthen community bonds. By promoting well-being, education, and cultural enrichment, non-economic activities improve overall happiness and life satisfaction within society. Additionally, they create a supportive environment that encourages collaboration and mutual assistance, ultimately leading to a more harmonious and resilient community. Therefore option 2 is correct.
For more please visit here:
See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/