1.The activities carried out just for the sake of charity, hobby in general,where there is no monetary exchange are considered__________in the sense of economics.
(a) useless
(B) social
(c) free
(d) unproductive
Answers
Answered by
1
the correct answer is social
Answered by
0
Activities that are carried out solely for the purpose of charity, hobby, or in general, and for which no monetary exchange is made are regarded 'unproductive' in the sense of economics, despite the fact that they may give enormous value to life. To summarise, unproductive labour is labour that, rather than boosting society's output and wealth, only consumes wealth that has already been produced in order to distribute or defend (keep) the riches earned in the production realm.
Therefore, (D) Unproductive is the correct option.
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