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Monetary activities mean that you have to spend money to do the activity. However, non-monetary means the activity is free. Monetary and non-monetary are classifications for activities.

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Q: What is classification of family into monetary and non-monetary activities?
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What activities can one do around Brean?

Activities to do around Brean include visiting the Fun City amusement park. Another activity to do is visit the Brean Down Tropical Bird Garden which would be fun for the whole family.


What is a commerce based economy?

Commercial economy is defined as being the aspects of an economy that are related to the exchange of services, labor activities, and goods that have a definite monetary value. These areas are not related to activities such as childcare, housework, family care giving, or other such domestic services.


What is your family activities?

I love having dinner with my family, or playing card games, such as Uno. Or on Christmas Eve, and Christmas Day, just being together, talking, laughing. That's what I love to do. =]


What is the definition of non economic activities?

Activities which are undertaken to satisfy social, religious cultural and sentimental require­ments are called non-economic activities. The object of these activities is not to earn monetary gain or reward.People engage in non-economic activities for reasons of love, sympathy, religion, patriotism, etc. For example, a mother looks after her children, a student donates blood, an old man goes to temple daily, a rich man donates money to Prime Minister Relief Fund; a young man helps a blind girl cross the road, etc.It is the object of any activity that distinguishes between economic and non-economic activities. The primary objective of economic activities is to earn livelihood and create wealth.On the other hand, the main objective of non-economic activities is to get some sort of social, cultural, religious or recreational satisfaction.The output of economic activities can be measured in terms of money e.g., the salary of a teacher, the fee of a doctor and the profits of a businessman. But the result of non-economic activities cannot be measured in terms of money.The same activity may be economic as well as non-economic. For example, a nurse attend­ing a patient in a hospital is an economic activity as the nurse works for a salary.But when the same nurse attends to her sick mother at home it is a non-economic activity because the object is not to earn money.Thus, the activity of the same person may be economic at one-time or place and non-economic at another time or place. The dividing line is not the activity or the person who is doing it but the objective for which it is undertaken.Thus, non-economic activities are undertaken due to the following considerations:(i) Love and affection - for example taking dinner with the family, cooking food for family.(ii) Personal satisfaction - For example meditating in a park.(iii) Physical needs - for example morning walk by a person.(iv) Religious obligation - for example praying in a temple.(v) Social obligations - for example helping victims of an accident, flood or earthquake.(vi) Patriotism - donating blood for injured army men.


Why housewifeis an non-economic activities?

Because, they are not paid for working in their own kitchen, looking after their children, being a mother, she cares a lot for her children. So, she wont expect something for looking after children, cooking delicious food to her children. It is a pleasure for her. Moreover, house wives are not working and earning nothing for the family. So their activities are considered non-economic.