[amp_mcq option1=”A farmer in the field” option2=”A teacher teaching his son” option3=”A social worker at a relief camp” option4=”A social worker” correct=”option1″]
The correct answer is A. A farmer in the field.
An economic activity is any activity that involves the production, distribution, or consumption of goods and services. A farmer in the field is producing goods (food) by using land, labor, and capital. A teacher teaching his son is not an economic activity because it is not producing goods or services. A social worker at a relief camp is providing a service, but it is not a market-based activity.
Here is a brief explanation of each option:
- A farmer in the field is producing goods (food) by using land, labor, and capital. This is an economic activity because it involves the production of goods.
- A teacher teaching his son is not an economic activity because it is not producing goods or services. The teacher is providing a service, but it is not a market-based activity.
- A social worker at a relief camp is providing a service, but it is not a market-based activity. The social worker is helping people in need, but they are not receiving payment for their services.
I hope this helps! Let me know if you have any other questions.