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TN 12th Computer Applications மின்னணு தரவு பரிமாற்றம் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A

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TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A

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12th Standard English Medium Economics Subject Introduction to Macro Economics Creative 2 Mark Questions with Solution Part - II

Published on: 23/06/2021

QB365 provides detailed and simple solution for every Creative Questions in class 12 Economics Subject. It will helps to get more idea about question pattern in every Creative questions with solution.

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Std: 12th Standard - Economics

chapter: - Creative Questions

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Questions:

Generic 2

5 x 2 = 10

Mention the any three Capitalist Learning economies

Write a short note on household sector of circular flow of national income.

Define Globalism.

Give examples for Mixed Economic countries.

What are the demerits of socialism?

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Answers Key:

Generic 2

5 x 2 = 10

France	Sweden
United States	Japan

1. The household sector is the sole buyer of goods and services, and the sole supplier of factors of production, i.e., land, labour, capital and organisation.
2. It spends its entire income on the purchase of goods and services produced by the business sector

1. The term coined by Manfred D Steger (2002) to denote the new market ideology of globalisation that connects nations together through international trade and aiming at global development.
2. This ideology is also termed as ‘Extended Capitalism’ or 'Globalism'.

(i) India
(ii) England
(iii) France and
(v) Brazil are the examples of mixed economy

(i) Concentration of wealth and income
(ii) Wastage of Resources
(iii) Class struggle
(iv) Business Cycle
(v) Production of Non essential goods