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Read the following extract and answer the questions that follow. Tejpal has a single piece of agricultural land. He has to make a choice between two crops – whether to grow wheat or rice. - Economics

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Question

Read the following extract and answer the questions that follow.

Tejpal has a single piece of agricultural land. He has to make a choice between two crops – whether to grow wheat or rice.

Now, Answer the following questions:

  1. Name the problem Tejpal is faced with?
  2. Why is he facing problem(a) mentioned above?
Very Short Answer
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Solution

  1. Problem of ‘What to Produce’.
  2. Tejpal is faced with this problem because he can’t grow both the crops simultaneously due to scarce resource land.
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Chapter 13: Emerging Trends in the Indian Economy - VALUE BASED QUESTIONS [Page 206]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 13 Emerging Trends in the Indian Economy
VALUE BASED QUESTIONS | Q 1. | Page 206
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