Why is household care work often undervalued in economic data?
Answer and explanation
Correct answer: Because it is not recorded as market wages
Household care work, such as caring for children, older persons, or sick family members, is often unpaid. Since it is not recorded as wages or market income, its contribution is frequently understated in economic data. It does take time and provides major benefits to families and society. Exam tip: clearly distinguish unpaid care work from market-based work that is counted through wages or income.
Frequently asked questions
What is the correct answer to this question?
Because it is not recorded as market wages
Why is this the correct answer?
Household care work, such as caring for children, older persons, or sick family members, is often unpaid. Since it is not recorded as wages or market income, its contribution is frequently understated in economic data. It does take time and provides major benefits to families and society. Exam tip: clearly distinguish unpaid care work from market-based work that is counted through wages or income.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work and meaningful work.
