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Test: The Value of Work - 1 - Class 6 MCQ


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10 Questions MCQ Test Social Studies (SST) Class 6 - Test: The Value of Work - 1

Test: The Value of Work - 1 for Class 6 2024 is part of Social Studies (SST) Class 6 preparation. The Test: The Value of Work - 1 questions and answers have been prepared according to the Class 6 exam syllabus.The Test: The Value of Work - 1 MCQs are made for Class 6 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: The Value of Work - 1 below.
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Test: The Value of Work - 1 - Question 1

Which of the following is an example of an economic activity?

Detailed Solution for Test: The Value of Work - 1 - Question 1
Selling vegetables in the market is an economic activity because it involves the exchange of goods for money, generating income for the seller. Economic activities are those that provide monetary value.
Test: The Value of Work - 1 - Question 2

What distinguishes non-economic activities from economic activities?

Detailed Solution for Test: The Value of Work - 1 - Question 2
Non-economic activities are done out of love, care, gratitude, or respect and do not involve monetary gain. Examples include parents cooking for their family or volunteering in the community.
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Test: The Value of Work - 1 - Question 3

Which of the following is a non-economic activity?

Detailed Solution for Test: The Value of Work - 1 - Question 3
Volunteering at a community kitchen is a non-economic activity because it is done without expecting monetary compensation. Such activities contribute to social welfare and personal satisfaction.
Test: The Value of Work - 1 - Question 4
Why is payment in kind considered an economic activity?
Detailed Solution for Test: The Value of Work - 1 - Question 4
Payment in kind is considered an economic activity because it involves the exchange of goods or services for items of monetary value, even if it does not involve cash. This form of payment still generates economic value for the parties involved.
Test: The Value of Work - 1 - Question 5
What is an example of an economic activity in a household setting?
Detailed Solution for Test: The Value of Work - 1 - Question 5
Running a home-based business is an economic activity because it involves producing goods or services that are sold for money, generating income for the household.
Test: The Value of Work - 1 - Question 6
What does value addition mean in the context of economic activities?
Detailed Solution for Test: The Value of Work - 1 - Question 6
Value addition refers to the process of transforming raw materials into finished products with higher value. This process increases the economic worth of the materials through skills, labor, and other inputs.
Test: The Value of Work - 1 - Question 7
Which of the following is an example of value addition?
Detailed Solution for Test: The Value of Work - 1 - Question 7
Using wood to build furniture is an example of value addition because it involves transforming raw materials (wood) into a finished product (furniture) with higher economic value through skilled labor and craftsmanship.
Test: The Value of Work - 1 - Question 8
Why is teaching in a school considered an economic activity?
Detailed Solution for Test: The Value of Work - 1 - Question 8
Teaching in a school is considered an economic activity because teachers receive a salary or fees for their professional services, contributing to their income and the economic value of education.
Test: The Value of Work - 1 - Question 9
What is the primary purpose of non-economic activities?
Detailed Solution for Test: The Value of Work - 1 - Question 9
The primary purpose of non-economic activities is to fulfill personal and social needs without monetary gain. These activities are motivated by love, care, and social responsibility.
Test: The Value of Work - 1 - Question 10
Which of the following best describes an economic activity?
Detailed Solution for Test: The Value of Work - 1 - Question 10
Working in a factory for a wage is an economic activity because it involves providing labor in exchange for monetary compensation, contributing to the economic productivity and income of the individual.
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