Page 2 - Cl 6 Value of work LN 1
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Daily Wage Work: Some people, like Sahil, get paid every day for the work they do. Sahil
works on a farm and gets paid each day for his hard work. Sometimes, instead of money, he
gets things like mangoes. This is called "payment in kind."
Selling Goods or Services: Some people, like Kavya’s father Rajesh, make and sell things.
Rajesh is a carpenter who makes furniture from wood and sells it for more than what he
spends on materials. The extra money comes from the skills and effort he puts into making
the furniture. This is called "value addition."
These are all examples of economic activities where people exchange money or valuable
things. Whether it's getting a salary, working for daily wages, or selling products, these
activities help people live and support the economy!