CBSE Class 10 Economics- English Medium

1. Introduction to the Chapter We see many economic activities around us. Farmers grow crops, shopkeepers sell goods, teachers provide education, mechanics repair machines, and manufacturers produce different products. All these activities involve the use of resources, skills, knowledge, and effort. Sometimes, people identify a problem or an unmet need and develop a new way

The following question bank is organised according to the topics listed above, with 4 Higher-Order Thinking Skills (HOTS) assertion–reason questions for each topic. Each question includes an Assertion (A) and a Reason (R), designed to test conceptual understanding, application and analytical thinking. Common options for all questions: The detailed answer key and a consolidated tabular

Instructions For each question, read the following statements carefully and select the correct option. The detailed answer key with explanations and the consolidated tabular answer key are given only at the end. The answer options are arranged so that no two consecutive questions have the same correct answer. Topic 1: Primary, Secondary and Tertiary Sectors

Instructions: Read each statement carefully and write True or False. Some statements require you to apply economic concepts rather than simply recall definitions. Topic A: Rapid Improvement in Transportation Technology Q1. Improvements in transportation technology have promoted globalisation by reducing the time and cost involved in moving goods across countries. Q2. The development of modern

Topic A: Meaning and Definition of Globalisation Q1. An Indian company designs a product in India, purchases components from Japan, assembles them in China and sells the finished product in Europe. Which conclusion best explains this situation? A. Each country is economically independent. B. Production and trade connect the economies of different countries. C. Only

Instructions For each question, choose the correct option: Topic A: Rapid Improvement in Transportation Technology Question 1 Assertion (A): Improvements in transportation technology have encouraged globalisation by making the movement of goods across countries faster and more economical. Reason (R): Lower transportation costs can make it commercially viable for companies to sell their products in

Instructions For each question, two statements are given. Choose the correct option: Topic A: Rapid Improvement in Transportation Technology Question 1 Consider the following statements about transportation technology: Statement I: Improvements in transportation technology have reduced the time and cost involved in moving goods across countries. Statement II: Reduced transportation costs can help domestic producers

Topic A: Rapid Improvement in Transportation Technology Q1. An Indian manufacturer can sell its products more competitively in foreign markets when improvements in transportation technology reduce the __________ and __________ of moving goods. Q2. A multinational company manufactures a product in one country and sells it in several others. Efficient __________ networks help the company

Instructions: Match the items in Column I with the correct items in Column II. Choose the correct combination from options (A), (B), (C) or (D). Topic A: Rapid Improvement in Transportation Technology Question 1 Match the items in Column I with Column II. Column I Column II 1. Reduced transportation costs A. Connects production centres

Globalisation is the process through which the economies of different countries become increasingly interconnected and interdependent through the exchange of goods, services, investments, technology and information across national borders. In simple words, globalisation means that countries are becoming more connected with one another through trade, business, production and investment. Example of Globalisation: A Smartphone A