Question

When the teacher teaches his own child or the doctor treats his own child then this kind of activity is categorized as?​

Answer 1

It is a non-economic activity as a mother cooks food for her children out of love and affection and not with a motive to earn a profit or income.

Answer 2

It is categorized as a non-economic activity.

• It is because a teacher teaching his own child or doctor treating his own child is done not with a motive of profit making or earning a livelihood.
• Economic activity refers to an activity that is associated with the production and consumption of goods and services.
• Non-economic activity refers to an activity that is associated with providing services to others without any monetary gain.
• Other examples-

1. A chef cooking for his child.
2. A plumber working in his own house.