Micro economics involves the purchases of a household.
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.
Gross Domestic Product (GDP) does not include non-market transactions, such as household labor and volunteer work, which contribute to economic activity but are not captured in monetary terms. It also excludes the informal economy and illegal activities, as well as the value of goods and services produced but not sold. Additionally, GDP does not account for environmental factors or the sustainability of economic growth, focusing instead solely on monetary value.
economics
E - Economics
non economic activities- housewives doing household work , going to temple, watering the plants, boating, holidaying
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.
a
The household budget template is a chart, grid, list or spreadsheet outlining the monetary use of household income. Household budget templates help consumers accurately manage household funds.
YOu have a law class tomorrow you should study?
The activities and appliances in a typical household that consume the most water are showers, toilets, washing machines, and dishwashers.
Monatary is when the activity cost money to do and non monatary is something organic and not cost money.
"Oikos logia" is a Greek term that translates to "household study" or "study of the home." It combines "oikos," meaning home or household, and "logia," meaning study or discourse. This term often relates to the field of ecology, which originally emerged from the study of the relationships between living organisms and their environments, akin to the dynamics within a household.
Gross Domestic Product (GDP) does not include non-market transactions, such as household labor and volunteer work, which contribute to economic activity but are not captured in monetary terms. It also excludes the informal economy and illegal activities, as well as the value of goods and services produced but not sold. Additionally, GDP does not account for environmental factors or the sustainability of economic growth, focusing instead solely on monetary value.
questionare on study the marketing activities
Household labor refers to the work involved in maintaining a household and can include activities such as cleaning, cooking, laundry, and grocery shopping. It is often unpaid and typically falls to one or more members of the household to complete.
yes
Market activities involve the exchange of goods and services for money, typically occurring in formalized marketplaces where prices are determined by supply and demand. Non-market activities, on the other hand, include actions that do not involve monetary transactions, such as volunteer work, household chores, or caregiving, where value is created but not explicitly measured in economic terms. Additionally, market activities are often regulated and tracked by governments, while non-market activities may contribute to social welfare but are less visible in economic data.