Introduction
Class 11 · Economics · 7 Questions
1beginner💡 Understand3 marksShort Answer
Mark the following statements as true or false.
2intermediate🔧 Apply3 marksShort Answer
Make a list of activities in a bus stand or a market place. How many of them are economic activities?
3intermediate💡 Understand3 marksShort Answer
‘The Government and policy makers use statistical data to formulate suitable policies of economic development’. Illustrate with two examples.
4beginner💡 Understand3 marksShort Answer
“You have unlimited wants and limited resources to satisfy them.” Explain this statement by giving two examples.
5beginner💡 Understand2 marksVery Short
How will you choose the wants to be satisfied?
6beginner💡 Understand2 marksShort Answer
What are your reasons for studying Economics?
7intermediate🔍 Analyze4 marksShort Answer
Statistical methods are no substitute for common sense. Comment with examples from your daily life.