1.

Dr . Rajiv Mishra is working against the post of a senior doctor in a government hospital . He does not discriminate between the rich and poor while treating his patients medically . When he returns home from the hospital , he attends to the poor patients at home free of cost between 6 pm to 8 pm. Besides , he gives them the information about the employment opportunities . He advises many young people to go into the fields of advertising and transportation . They went into these fields and remarkably succeeded there. (i) What type of activites does Dr. Rajiv Mishra perform in the hospital and home ? (ii) Explain the auxiliaries to trade mentioned in the above para.

Answer» Working in a government hospital - An economic activity. Attending to the poor patients at home free of cost - A non - economic activity.
(ii) (a) Transportation : Transport (road , rail or coastal shipping) facilitates movement of raw materials to the place of production , and the finished goods from factories to the place of consumption . Transportation makes for speed and efficiency in exchange . It is because of transportation that a producer can sell his goods in different parts of the world . It creates place utility.
(b) Advertising : Advertising brings goods and services to the konwledge of prospective buyears. with the help of such knowledge , consumers can obtain better value for their money . Thus , advertising helps to promote the sale of products like electronic goods , automobiles , soaps and detergents , etc . by providing information about them.


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