Friday, 22 June 2018

CBSE Class 10 - Economics - Chapter 1 - Introduction of Economics - Worksheet (#cbsenotes)(#eduvictors)

Introduction of Economics 

Worksheet

CBSE Class 10 - Economics - Chapter 1 - Introduction of Economics - Worksheet (#cbsenotes)(#eduvictors)

Fill in the blanks.

1. Economics is a _____ science. (physical, social, natural)


2. Economics studies man’s ____ behaviour in society. (economic, social, political)


3. The Greek word “OIKONOMIA” means _______. (household, household management, household science)


4. _____ is considered as the Father of Economics.




5. _______ is the mother of invention. (Hint: Proverb)


6. ‘Principle of Economics’ was published in the year________. (1890,1980,1876)


7. Knowledge of economics helps an individual to become a better and more _____ consumer, producer, businessman. (efficient, inefficient, optimum)


8: Modern definition of economics is considered as _______oriented definition. (welfare, scarcity, wealth)


9: Who wrote ‘Principle of Economics’?


10: Today, the barter system is commonly known as _____. (commerce, business, trade)


11: Knowledge of ______ helps the government to earn revenue for the economy. (history, civics, economics)


Answers:
1: social
2: economic
3: household management
4: Adam Smith
5: Necessity
6: 1890
7: efficient
8: scarcity
9: Dr Alfred Marshall
10: trade
11: economics