Social Sciences, asked by policesudhakar143, 1 month ago

Write a short note on “Valuing housework” with textbook examples

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Answered by ameenakhatoon77218
5

Answer:

The valuation of nonmarket housework comprises attempts to attach value to non-exchange domestic tasks. Housework may include a variety of activities, particularly those traditionally associated with housekeeping (or homemaking), along with child care and nurturing. These activities have recognizable economic and social significance, but are not included in standard economic measurements, such as the gross domestic product (GDP). While the symbolic or subjective benefits of housework are difficult to measure, various attempts have been made to attach value to economically productive household activity.

Answered by 297188
2

Answer: The valuation of nonmarket housework comprises attempts to attach value to non-exchange domestic tasks. Housework may include a variety of activities, particularly those traditionally associated with housekeeping, along with child care and nurturing. The valuation of nonmarket housework comprises attempts to attach value to non-exchange domestic tasks. ... While the symbolic or subjective benefits of housework are difficult to measure, various attempts have been made to attach value to economically productive household activity.

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