Question

why do people need to involve in various economic activities? List importance of earning for an individual and family​

Answer 1

Answer:

Explanation:

Importance of economic activities in the development of the country: Economic development is a process of directed activities and programs that work to develop the economic comfort and quality of life of a community, Economics affects our daily lives in both obvious and subtle ways. From an individual perspective, economics frames many choices we have to make about work, leisure, consumption, and how much to save. Our lives are also influenced by macro-economic trends, such as inflation, interest rates, and economic growth.

There is a well-known positive association between family income and children's development, including health and academic performance. ... Indeed, multiple successful interventions targeted to young children seem to primarily improve long-term outcomes by enhancing non-academic skills.