Production Model Questions

7th Standard EM

    Reg.No. :
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Social Science

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. Production refers to

    (a)

    destruction of utility

    (b)

    creation of utilities

    (c)

    exchange value

    (d)

    none of these

  2. _______is carried out by extractive industries.

    (a)

    secondary production

    (b)

    primary production

    (c)

    tertiary production

    (d)

    service production

  3. The entrepreneur is also called

    (a)

    exchanger

    (b)

    Agent

    (c)

    organizer

    (d)

    communicator

  4. Indian Economy is a ___________ Economy

    (a)

    Private

    (b)

    Public

    (c)

    Mixed

    (d)

    Socialist

  5. ______________ is known as 'Father of Economics'.

    (a)

    Alfred Marshall

    (b)

    Adam Smith

    (c)

    Karl Mark

    (d)

    Amartya Sen

  6. 5 x 1 = 5
  7. __________means want satisfying power of a product.

    ()

    Utility

  8. _____is a fixed in supply.

    ()

    Land

  9. ______ is the man made physical goods used to produce other goods and services.

    ()

    Capital

  10. Entrepreneurship is otherwise called _________

    ()

    Organization

  11. 'The Theory of Moral Sentiments' was written by ___________

    ()

    Adam Smith

  12. 5 x 1 = 5
  13. Primary production

  14. (1)

    Defence

  15. Wealth of nation

  16. (2)

    Education, health

  17. Human capital

  18. (3)

    Cotton Industry

  19. Primary sector

  20. (4)

    Adamsmith

  21. Tertiary sector

  22. (5)

    Fishing, mining

    4 x 2 = 8
  23. What is a mixed Economy?

  24. Name the components of Human activity.

  25. What are derived factors of production?

  26. What is capital?

  27. 4 x 2 = 8
  28. What is production?.

  29. Name the types of utility.

  30. Name the types of production.

  31. What are the factors of production?

  32. 3 x 3 = 9
  33. Define Labour

  34. Write the forms of capital.

  35. Who is the changing agent of the society?

  36. 2 x 5 = 10
  37. Explain the types of production?

  38. Explain the merits and demerits of division of labour.

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