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Cycle Test Ix-29

The document contains economics exam questions for two different classes - Economics X and Economics IX - given on April 25th, 2018 with 40 minutes allotted for each exam. For Economics X, the questions cover topics like division of labour, types of capital, capital formation, and characteristics of an entrepreneur. For Economics IX, the questions cover economic activities, definitions of economics and capital, utility, and characteristics of wealth.

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Babu Balaraman
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53 views1 page

Cycle Test Ix-29

The document contains economics exam questions for two different classes - Economics X and Economics IX - given on April 25th, 2018 with 40 minutes allotted for each exam. For Economics X, the questions cover topics like division of labour, types of capital, capital formation, and characteristics of an entrepreneur. For Economics IX, the questions cover economic activities, definitions of economics and capital, utility, and characteristics of wealth.

Uploaded by

Babu Balaraman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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JSS INTERNATIONAL SCHOOL, DUBAI

ECONOMICS -X

DATE :25/04/18 TIME – 40 minutes

1. What do you understand by division of labour? 2


2. Distinguish between simple and complex division of labour ? 2
3. Distinguish between sunk and floating of capital. Give an example of each. 2
4. Distinguish between real capital and debt capital. 2
5. Explain the meaning of capital formation. 2
6. Explain any five characteristics of capital as a factor of production . 5
7. Explain any five essential qualities of an entrepreneur. 5

JSS INTERNATIONAL SCHOOL, DUBAI

ECONOMICS -IX

DATE :25/04/18 TIME – 40 minutes

1. What do you mean by economic activities? 2


2. Give Robbin's definition of economics ? 2
3. Distinguish between sunk and floating of capital. Give an example of each. 2
4. Explain the term utilityl. 2
5. Define capital. 2
6. Point out the main characteristics of utility . 5
7. Describe the basic characteristics of wealth. 5

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