Question

Services of house wives included in

Answer 1

Answer:

(i) In economics, National Income includes only those goods and services which are exchanged for money and it is always expressed in monetary terms. (ii) The services of housewives are provided out of love and affection of a mother towards family members.

Answer 2

Answer:

House wives do all the work of the house and feed their family. They manage the financial income, expenditure and savings and maintain the budget of the house. They make food for the family, wash dirty clothes and help their children in their study and take care of them with a lot of love and affection. Thus, their efforts are appreciated for doing a lot of hard- work.

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