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प्रश्न
State with reasons whether you agree or disagree with the following statement:
All wants can be satisfied at a time.
विकल्प
Agree
Disagree
उत्तर
No, I do not agree with this statement.
Reasons:
(1) Human wants are unlimited and the means to satisfy human wants are comparatively limited.
(2) Unlimited wants to compete among themselves to be satisfied first.
(3) For example, a person may want a fridge and a TV. or anything else at the same time but he/she can not buy all because of limited resources (income). Thus, all wants cannot be satisfied at a time.
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संबंधित प्रश्न
Choose the correct option :
Statements related to wealth
a) Wealth means anything which has market value and can be exchanged for money.
b) It is external to human being.
c) Wealth has no utility.
d) Wealth is scarce and exchangeable
Choose the correct option :
Aspects considered in National Income :
a) Final goods and services are included in national income.
b) Produced goods and services in a financial year are included in national income.
c) Double counting is avoided.
d) Value is considered as per market price
Complete the correlation:
Natural sciences : Exact sciences : : Social sciences : __________
Complete the correlation:
Physics :______________ : : Psychology : Social science
Complete the correlation :
Necessity :______________ : : Comforts : Washing machine
Complete the correlation :
Free goods : Value-in-use : : Economic goods :______________
Identify and explain the concept from the given illustration:
My father purchased a two wheeler vehicle. This helps to fulfil my travel needs.
Identify and explain the concept from the given illustration:
A study of the annual income of the family of Ramesh.
Identify and explain the concept from the given illustration :
As per the data for financial year 2018-19, the country's production of goods and services increased by 20%
Identify and explain the concept from the given illustration :
Karuna's mother saves 1000/- every month out of her given salary.
Identify and explain the concept from the given illustration :
Ram's father utilized his provident fund amount to set up grocery store
Explain the features of wealth.
Explain the characteristics of human wants.
State with reasons whether you agree or disagree with the following statement:
Human wants change as per the seasons and preferences.
State with reasons whether you agree or disagree with the following statement:
Value-in-use and Value-in-exchange are the same
Explain the basic concepts of macro economics.
