A market is a place where goods and services are bought and sold. It can be a physical location, like a shop or a market square, or it can be an online platform. In the market, buyers and sellers exchange ...

Cooking food at home is not considered an economic activity because it is typically done for personal consumption and not for earning money. It is a non-economic activity as it is motivated by the need to nourish family members rather ...

Farmers perform various economic activities that are essential for producing food and raw materials. They grow crops like wheat, rice, and vegetables, and raise animals for milk, eggs, and meat. Farmers also engage in activities like planting seeds, watering crops, ...

People are motivated to participate in non-economic activities by a sense of social responsibility, helping others, and contributing to the community. These activities, like volunteering or teaching without pay, are driven by the desire to make a positive impact rather ...

Value addition affects the economy by increasing the worth of raw materials or products through various processes, such as manufacturing or processing. For example, turning cotton into cloth or raw iron into finished products adds value to those materials. This ...