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Non-economic activities are undertaken ______. - Economic Applications

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Question

Non-economic activities are undertaken ______.

Options

  • Out of love and affection.

  • Performed due to social reason.

  • Both out of love and affection and performed due to social reason.

  • Neither out of love and affection nor performed due to social reason.

MCQ
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Solution

Non-economic activities are undertaken both out of love and affection and performed due to social reason.

Explanation:

Non-economic activities are undertaken both out of love and affection and for social reasons. They are performed solely for self-satisfaction without any monetary gain, such as parental care or social work. These activities are motivated by emotions or social obligations rather than economic benefit.

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Chapter 1: Meaning and Definition of Economics - QUESTIONS [Page 14]

APPEARS IN

J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 1 Meaning and Definition of Economics
QUESTIONS | Q 8. | Page 14
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 1 Introduction to Economics
QUESTIONS | Q 8. | Page 12
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