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Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved. - Economic Applications

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प्रश्न

Differentiate between an entrepreneur and labourer on the basis of the nature of risk involved.

अंतर स्पष्ट करें

उत्तर

  • An entrepreneur bears all the risks involved in production.
  • On the other hand, a labourer does not bear any risks, except for the risk of losing the job.
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अध्याय 1: Factors of Production - QUESTION BANK [पृष्ठ ३८]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 1 Factors of Production
QUESTION BANK | Q 47. (ii) | पृष्ठ ३८
गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 4 Factors of Production
QUESTION BANK | Q 48. (ii) | पृष्ठ १२३

संबंधित प्रश्न

Explain any two characteristics of capital.


Define capital.


Differentiate the following with examples:

Real capital and debt capital


Distinguish between sunk capital and floating capital


Explain three important stages of capital formation.


 Distinguish between Any FOUR of the following :   

 Fixed capital and Fluctuating capital.  


Answer in brief.

State the features of Capital. 

 


Write short note on the following:

Types of capital


Define or explain the following concept:

Capital


Fill in the blank with appropriate alternative given below

Capital is a __________ factor of production.


What is the significance of Capital in promoting economic growth?


Distinguish between Fixed capital and Circulating capital quoting suitable examples. 


Write the forms of capital.


______ is a passive factor of production.


Explain any three significances of capital formation in an economy.


State whether the following statement is true or false. Give reason for your answer.

The capital like printing machines, tools when used in process of production are subject to depreciation.


If you make investments in insurances or mutual funds, then it will be called as ______ type of capital.


Analyse the images below and identify the factors of production and explain any one characteristic of the same.


Justify the following in brief:

Capital is an immobile factor in the short run.


Capital as a factor of production is ______ in nature.


Capital formation cannot occur unless there is ______.


Creation of savings is the ______ stage of formation.


Is a motor car owned by a doctor circulating capital or fixed capital? Give two reasons to support your answer.


Identify the form of capital given below. Give a reason for your answer.

Government Bonds


Explain two factors on which the capital formation of a country depends.


All capital is wealth but all wealth is not capital. Explain why all wealth is not capital.


Give an example of floating capital.


Classify the following capital goods:

Oil mill


Read the given statements carefully and select the correct option that follow:

  1. Land is an active factor of production
  2. Capital is produced means of production

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