MCQ Chapter 8 Building Blocks in Economics Class 9 Social Science CBSE Board

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Building Blocks in Economics: The Problem of Choice

1. Which of the following is a factor of production?

Question 1 of 20

2. Labour-intensive production mainly uses:

Question 2 of 20

3. Capital-intensive production mainly depends on:

Question 3 of 20

4. The choice between labour-intensive and capital-intensive production depends on:

Question 4 of 20

5. Which factor encourages producers to use machines instead of manual labour?

Question 5 of 20

6. Customized or designer garments generally require:

Question 6 of 20

7. Mass-produced garments are generally better suited for:

Question 7 of 20

8. Government laws and regulations influence production decisions by:

Question 8 of 20

9. An economic system mainly determines:

Question 9 of 20

10. How many major types of economic systems are discussed?

Question 10 of 20

11. In a planned economy, major economic decisions are made by:

Question 11 of 20

12. Which of the following sectors is generally owned by the government in a planned economy?

Question 12 of 20

13. Enterprises in a planned economy mainly produce according to:

Question 13 of 20

14. One limitation of a planned economy is:

Question 14 of 20

15. Which of the following is an example of a planned economy?

Question 15 of 20

16. In a market economy, production decisions are mainly determined by:

Question 16 of 20

17. In a market economy, the government's role is compared to:

Question 17 of 20

18. Ownership of factories, shops, and land in a market economy mainly belongs to:

Question 18 of 20

19. Competition in a market economy generally encourages:

Question 19 of 20

20. Which of the following is mentioned as an example of a market economy?

Question 20 of 20


 

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