Leisure Time
Definition
Leisure time refers to the period of time when individuals are not engaged in work or other obligations. It is the free time that people have to pursue activities they enjoy and relax.
Related terms
Opportunity Cost: The value of the next best alternative that is given up when choosing one option over another.
Productivity: The measure of how efficiently resources are used to produce goods and services.
Marginal Utility: The additional satisfaction or benefit gained from consuming one more unit of a good or service.
"Leisure Time" appears in:
Subjects (3)
AP European History
AP US History
AP World History: Modern
Study guides (1)
AP Microeconomics - 5.2 Changes in Factor Demand and Factor Supply
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About Us
About Fiveable
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Careers
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.