(English Medium) ICSE Class 10 - CISCE Important Questions for Economic Applications

Identify the factors of production of the following case and differentiate between them.

Single-use and multiple use machinery.

Which of the following is not a correct match?

Name the factors of production.

Use of high yielding variety of seeds of related to productivity of ______.

Which factor of production is not a hired factor?

The reward of an entrepreneur is in the nature of ______.

Which of the following types of capital gets exhausted after its use and gets embodied in the finished product?

Mention two differences between an entrepreneur and other factors of production.

What do you mean by 'innovative ability' of an entrepreneur?

Explain complex division of labour with the help of an example.

Define capital.

Explain any three characteristics of capital.

What do you understand by the term 'Capital formation'?

Explain any three factors which affect capital formation.

The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.

What do you understand by ‘changing pattern of land use’? 

Explain any three such changes causing destruction to the ecosystem.

State any three differences between labour and capital.

Identify the factors of production of the following case and differentiate between them.

An active and passive factor of production.

Which of the following is not a correct match?