Multiple choice

Which of the following is an economic activity?

  1. Medical facilities rendered by a charitable dispensary

  2. Teaching one's own nephew at home

  3. A housewife doing household duties

  4. Watching television
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Medical facilities rendered by a charitable dispensary is an economic activity because it involves provision of services to beneficiaries, even if charges are minimal or waived. It contributes to production and has economic value. Teaching one's own nephew at home, household duties by a housewife, and watching TV are non-economic activities done for personal consumption without market transaction.

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