In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like mRead more
In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like milk, butter, and cheese, reach markets and customers efficiently. In the case of cooperatives like AMUL, the tertiary sector plays a vital role in logistics, marketing, and retail, helping to connect producers with consumers while contributing to the cooperative’s overall success and market presence. Therefore option 3 is correct answer.
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, thRead more
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, the secondary sector supports industries like construction, manufacturing, and consumer goods, contributing to economic development. For example, wood harvested from the primary sector is processed in factories to produce paper, which is then used in various sectors, from publishing to packaging. Therefore option 2 is correct.
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility andRead more
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility and aesthetic appeal. This not only increases the monetary worth of the wood but also provides consumers with functional and attractive items for their homes or offices. Value addition is crucial in economic activities as it boosts profitability for manufacturers, creates jobs, and contributes to overall economic growth by increasing the variety and quality of products available in the market. Therefore option 2 is correct.
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, orRead more
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, or a desire to make a difference. Unlike economic activities that focus on generating income or profit, volunteering enhances social welfare and fosters a sense of community by addressing needs and providing support to those less fortunate. This altruistic approach not only enriches the lives of volunteers but also contributes significantly to societal well-being and cohesion. Therefore option 2 is correct.
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much somRead more
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much something is worth in the market. This value plays a key role in transactions, investments, and financial decision-making, influencing how goods and services are bought, sold, and evaluated in economic systems. Therefore option 2 is correct answer.
What is the role of the tertiary sector in the dairy cooperative example given in the chapter?
In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like mRead more
In the dairy cooperative example, the tertiary sector encompasses activities related to the transportation, distribution, and sale of dairy products to consumers. This sector focuses on providing services rather than producing goods, ensuring that processed products from the secondary sector, like milk, butter, and cheese, reach markets and customers efficiently. In the case of cooperatives like AMUL, the tertiary sector plays a vital role in logistics, marketing, and retail, helping to connect producers with consumers while contributing to the cooperative’s overall success and market presence. Therefore option 3 is correct answer.
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The transformation of wood into paper belongs to which sector?
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, thRead more
The secondary sector is responsible for processing raw materials, such as wood, into finished products like paper. This involves industrial activities that convert natural resources into manufactured goods through processes like refining, crafting, or assembling. By adding value to raw materials, the secondary sector supports industries like construction, manufacturing, and consumer goods, contributing to economic development. For example, wood harvested from the primary sector is processed in factories to produce paper, which is then used in various sectors, from publishing to packaging. Therefore option 2 is correct.
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Give an example of value addition given in the chapter 13 Class 6 Social Science?
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility andRead more
Transforming raw wood into furniture is a clear example of value addition, where the basic raw material is enhanced to create a more valuable product. In this process, the wood undergoes several stages, including cutting, shaping, finishing, and assembling, which collectively elevate its utility and aesthetic appeal. This not only increases the monetary worth of the wood but also provides consumers with functional and attractive items for their homes or offices. Value addition is crucial in economic activities as it boosts profitability for manufacturers, creates jobs, and contributes to overall economic growth by increasing the variety and quality of products available in the market. Therefore option 2 is correct.
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Which of these is NOT a part of economic activities?
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, orRead more
Volunteering is considered a non-economic activity because it involves giving time and effort without expecting any monetary compensation in return. Individuals engage in volunteering to support various causes, help their communities, or assist organizations, driven by goodwill, personal values, or a desire to make a difference. Unlike economic activities that focus on generating income or profit, volunteering enhances social welfare and fosters a sense of community by addressing needs and providing support to those less fortunate. This altruistic approach not only enriches the lives of volunteers but also contributes significantly to societal well-being and cohesion. Therefore option 2 is correct.
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See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/
What does the term monetary value refer to?
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much somRead more
Monetary value refers to the worth of an item, service, or asset that can be expressed and quantified in financial terms, typically as a specific amount of money. It allows for easy comparison, trade, and exchange in economic activities, as it provides a standard measure for determining how much something is worth in the market. This value plays a key role in transactions, investments, and financial decision-making, influencing how goods and services are bought, sold, and evaluated in economic systems. Therefore option 2 is correct answer.
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See lesshttps://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-14/