Social Studies true or false.

The value generated by non-economic activities is important for social welfare and personal well-being.

Mamta, a school teacher, performs an economic activity by receiving a salary for her work.

Parents cooking dinner for their family is an example of an economic activity.

Non-economic activities are those that generate income.

A baker adds value to the flour while manufacturing bread.

Salary cannot pre-paid in kind.

Wages can be paid in cash only.

Non-economic activities- are performed to earn livelihood.

Manufacturing steel is a primary economic activity.

Payment in kind means receiving payment through goods or services instead of money.

Volunteering at a local charity is considered a non-economic activity.

A person working as a truck driver is engaged in a secondary economic activity.

Farming is a tertiary economic activity.

We should respect the people who help us in our daily lives.

Payment in kind is a cash payment that is got for the work performed.

Youth should take care of the grandparents.