Question 1 of 13intermediate🔍 AnalyzeEssay3 marks

When Kabir's grandfather voluntarily teaches the neighbourhood kids for free, is that an economic activity or a non-economic activity? How is it different from your teachers teaching you at school? Discuss with your classmates.

Correct Answer

Kabir's grandfather teaching neighbourhood kids for free is a non-economic activity because he does not receive any payment or monetary benefit.

He teaches out of a sense of service and care for the community.

In contrast, teachers teaching at school perform an economic activity because they receive a salary for their services.

The key difference is that school teachers are employed and compensated for their work, while Kabir's grandfather volunteers his time and knowledge without expecting anything in return.

Both contribute to education, but one involves monetary compensation while the other is driven by selfless service (sevā).

Exercise: THINK ABOUT IT | Q: 1 | (Chapter: Page 5)
For More Understanding

Explanation

The chapter distinguishes between economic activities (involving money) and non-economic activities (done out of feelings). Kabir's grandfather's voluntary teaching is a non-economic activity as mentioned in the story. The chapter also introduces the concept of 'sevā' or selfless service, which applies here. Teachers at school, however, receive salary making their teaching an economic activity.

Solution Steps

  1. Kabir's grandfather's voluntary teaching is a non-economic activity as he receives no payment or monetary benefit

  2. He teaches out of a sense of service and care for the community

  3. School teachers perform an economic activity because they receive a salary for their services

  4. The key difference is that teachers are employed and compensated, while Kabir's grandfather volunteers without expecting anything in return

  5. Both contribute to education, but one involves monetary compensation while the other is driven by selfless service (sevā)