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
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.
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