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NCERT solutions for Class 12 Sociology chapter 4 - The Market as a Social Institution

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NCERT Class 12 Sociology - Indian Society

Class 12 Sociology - Indian Society - Shaalaa.com

Chapter 4: The Market as a Social Institution

Exercise

NCERT solutions for Class 12 Sociology Chapter 4 Exercise [Page 79]

Exercise | Q 1 | Page 79

What is meant by the phrase ‘invisible hand’?

Exercise | Q 2 | Page 79

How does a sociological perspective on markets differ from an economic one?

Exercise | Q 3 | Page 79

In what ways is a market – such as a weekly village market – a social institution?

Exercise | Q 4 | Page 79

How do caste and kin networks contribute to the success of a business?

Exercise | Q 5 | Page 79

In what ways did the Indian economy change after the coming of colonialism?

Exercise | Q 6 | Page 79

Explain the meaning of ‘commoditisation’ with the help of examples.

Exercise | Q 7 | Page 79

What is a ‘status symbol’?

Exercise | Q 8 | Page 79

What are some of the processes included under the label ‘globalisation’?

Exercise | Q 9 | Page 79

What is meant by ‘liberalisation’?

Exercise | Q 10 | Page 79

In your opinion, will the long term benefits of liberalisation exceed its costs? Give reasons for your answer.

Chapter 4: The Market as a Social Institution

Exercise

NCERT Class 12 Sociology - Indian Society

Class 12 Sociology - Indian Society - Shaalaa.com

NCERT solutions for Class 12 Sociology chapter 4 - The Market as a Social Institution

NCERT solutions for Class 12 Sociology chapter 4 (The Market as a Social Institution) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Class 12 Sociology - Indian Society solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Class 12 Sociology chapter 4 The Market as a Social Institution are Sociological Perspectives on Markets and the Economy, Understanding Capitalism as a Social System, Globalisation – Interlinking of Local, Regional, National and International Markets.

Using NCERT Class 12 solutions The Market as a Social Institution exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in NCERT Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 12 prefer NCERT Textbook Solutions to score more in exam.

Get the free view of chapter 4 The Market as a Social Institution Class 12 extra questions for Sociology and can use Shaalaa.com to keep it handy for your exam preparation

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