An example of value addition provided in the chapter could involve the process of turning raw materials into finished products, such as converting raw wheat into flour or producing garments from cotton. In these examples, each step of processing adds ...
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When asked which of these is NOT a part of economic activities, the focus is on identifying activities that do not involve earning money or generating financial gain. Non-economic activities, such as volunteering, caregiving, or hobbies, fall into this category ...
Selling vegetables in the market is an example of an economic activity because it involves generating income or wealth. In this case, the seller engages in trade by offering goods (vegetables) in exchange for money, contributing to their livelihood and ...
Value addition in economic activities has a significant impact by increasing the monetary worth of a product as it moves through various stages of production. This process enhances the product’s quality, functionality, or appeal, making it more desirable to consumers ...
According to the chapter, Sevā plays a vital role in society as an act of selfless service performed for the welfare of others without expecting any financial reward or recognition. It fosters a spirit of compassion, kindness, and community support, ...