Practice Economic Organisation (2.1) - The Economic - ICSE 12 Sociology

Practice: Economic Organisation

Lesson 2.1The Economic

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10 questions

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5 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
4 questions · about 3 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
Define economic organisation.
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Think of the three basic economic activities and the relationships that organise them.
Question 2.
Name any three institutions that organise economic life.
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One of them is your own family.
3Question 3.
Which statement best defines economic organisation?
- The way a society arranges production, distribution and consumption
- The study of prices on the stock market
- A government department that manages money
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Think of the three basic economic activities.
4Question 4.
How were service castes mainly paid under the jajmani system?
- With shares of the harvest and customary gifts
- With monthly salaries paid in cash
- With shares in a company
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Village economies relied heavily on grain rather than cash.
Question 5.
A large factory opens near a farming village. Describe how the village's economic organisation might change over the next twenty years.
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Consider work, payment, property, the market, the state and caste in turn.
Question 6.
Choose one modern economic activity, such as online food delivery, and show how the household, community, market, state and firm each take part in it.
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Ask who produces, who sets the rules, who buys and who builds trust.

6 more questions in this section. Enroll free to practise them all.