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Question
What is a home makers contribution to the economy of the family?
Long Answer
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Solution
- Save family income by performing household tasks instead of hiring paid workers.
- Manage household resources efficiently by planning the family budget, controlling expenses, and avoiding unnecessary expenditure.
- Ensure the well-being of family members by providing nutritious meals, maintaining hygiene, and caring for children and the elderly.
- Support the earning members by creating a peaceful and organized home environment, which helps them work more efficiently.
- Develop human resources by nurturing children's education, values, health, and personality, thereby contributing to the future productivity of society.
- Contribute to the nation's economy through unpaid domestic work, which has significant economic value even though it is not included in the calculation of GDP.
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