The significance of Rajesh adding value to wood lies in transforming a raw material into a finished product, such as furniture, which is more useful and valuable. By doing so, he not only earns a livelihood but also contributes to the economy by creating a product that people need. This process of value addition generates employment and increases income for those involved in the production. It also makes better use of resources and improves the market worth of the wood. Rajesh’s work demonstrates how value addition benefits individuals and the community by enhancing utility and promoting economic growth.
This question related to Chapter 13 Social Science Class 6th NCERT.
From the Chapter 13. The Value of Work.
Give answer according to your understanding.
He transforms raw material into a more valuable product, generating profit.
Explanation: This process exemplifies value addition in economic activities.
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