Class 6 Exam > Class 6 Questions > Which of the following is a non-economic acti...
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Which of the following is a non-economic activity?
- a)A lawyer arguing a case for a fee
- b)A farmer selling produce in the market
- c)A person volunteering at a community kitchen
- d)A shopkeeper selling goods
Correct answer is option 'C'. Can you explain this answer?
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Which of the following is a non-economic activity?a)A lawyer arguing a...
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.
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Which of the following is a non-economic activity?a)A lawyer arguing a...
Understanding Economic vs. Non-Economic Activities
Economic activities are actions that involve the production, distribution, and consumption of goods and services, primarily aimed at earning an income. In contrast, non-economic activities do not focus on financial gain and may be motivated by altruism, personal satisfaction, or community service.
Examples of Economic Activities:
- A lawyer arguing a case for a fee: This involves providing professional services in exchange for payment, making it an economic activity.
- A farmer selling produce in the market: The farmer engages in the sale of goods to earn income, which categorizes this activity as economic.
- A shopkeeper selling goods: Similar to the farmer, the shopkeeper is involved in selling products for profit, thus participating in economic activity.
Identifying the Non-Economic Activity:
- A person volunteering at a community kitchen: This activity is primarily driven by the intention to help others and contribute to the community without any monetary compensation. The motivation behind volunteering is altruistic, making it a non-economic activity.
Conclusion:
In summary, while the first three options involve financial transactions aimed at generating income, the volunteer's efforts at the community kitchen focus on service and community welfare, clearly distinguishing it as a non-economic activity. Therefore, option 'C' is correct.
Economic activities are actions that involve the production, distribution, and consumption of goods and services, primarily aimed at earning an income. In contrast, non-economic activities do not focus on financial gain and may be motivated by altruism, personal satisfaction, or community service.
Examples of Economic Activities:
- A lawyer arguing a case for a fee: This involves providing professional services in exchange for payment, making it an economic activity.
- A farmer selling produce in the market: The farmer engages in the sale of goods to earn income, which categorizes this activity as economic.
- A shopkeeper selling goods: Similar to the farmer, the shopkeeper is involved in selling products for profit, thus participating in economic activity.
Identifying the Non-Economic Activity:
- A person volunteering at a community kitchen: This activity is primarily driven by the intention to help others and contribute to the community without any monetary compensation. The motivation behind volunteering is altruistic, making it a non-economic activity.
Conclusion:
In summary, while the first three options involve financial transactions aimed at generating income, the volunteer's efforts at the community kitchen focus on service and community welfare, clearly distinguishing it as a non-economic activity. Therefore, option 'C' is correct.
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Which of the following is a non-economic activity?a)A lawyer arguing a case for a feeb)A farmer selling produce in the marketc)A person volunteering at a community kitchend)A shopkeeper selling goodsCorrect answer is option 'C'. Can you explain this answer?
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Which of the following is a non-economic activity?a)A lawyer arguing a case for a feeb)A farmer selling produce in the marketc)A person volunteering at a community kitchend)A shopkeeper selling goodsCorrect answer is option 'C'. Can you explain this answer? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Which of the following is a non-economic activity?a)A lawyer arguing a case for a feeb)A farmer selling produce in the marketc)A person volunteering at a community kitchend)A shopkeeper selling goodsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is a non-economic activity?a)A lawyer arguing a case for a feeb)A farmer selling produce in the marketc)A person volunteering at a community kitchend)A shopkeeper selling goodsCorrect answer is option 'C'. Can you explain this answer?.
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