Question

Classification of family activities into monetary and non monetary activities .

Answer 1

MONETARY ACTIVITIES:

activities that are done in the motive of earning profit.example selling of products . it can also be termed as economic activity.

NON MONETARY ACTIVITIES:

activities that are performed out of love ,sympathy,sentiments,patriotism,etc.example a housewife cooking food for her family out of love .

it is not undertaken with aim of earning profit...

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