Question

Classification of family activities into monetary and non monetary activities

Answer 1

There are two types of families activities which are monetary and non monetary
Monetary activities:
These activities means those activities which required money or the activities of family in which money is spent . The money spending is the main condition here.

Non-monetary activities:
Non-monetary activities means those activities which actually done with out the spending of money and it does not cause the money spending or don't required money to do the activities. These are free to do. 

Answer 2

The activities in a family can be classified based on monetary and non-monetary benefits.

The non-monetary economy represents work as domestic work, care and civic activity that has no monetary value but remains a vitally important part of the economy. Much of the non-monetary work is classified as civic work or domestic work. It also includes factors like status, appreciation, recognition, work-life balance, delegation, work condition, etc.

With respect to the current economic situation, work that results in monetary compensation is valued more than unpaid work. The factors of monetary activities include - Salary, bonus, stock option, profit sharing, financial incentives etc.