Kiara Singh
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What are the various ways in which people are compensated for various economic activities? Give some examples.

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People are compensated through wages, salaries, fees, or goods. For instance, workers receive wages, professionals like doctors charge fees, and shopkeepers earn profits from sales, each serving unique economic roles.

class 6 Social Science Textbook Chapter 13 question answer

class 6 Social Science Chapter 13 The Value of Work solutions

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  1. Various forms of compensation are provided for economic activities, depending on the type of service. Wage earners, such as laborers, are paid daily, while salaried employees, like teachers, receive monthly payments. Professionals like doctors or lawyers charge fees per service, and shopkeepers earn profits from goods sold. These varied compensation forms recognize different economic contributions, ensuring that each person receives fair value for their specific service or product provided.

    For more NCERT Solutions for Class 6 Social Science Chapter 13 The Value of Work Extra Questions and Answer:

    https://www.tiwariacademy.com/ncert-solutions-class-6-social-science-chapter-13/

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