Worksheetsmoney
Total questions: 10
Worksheet time: 5mins
The word ‘economics’ comes from the
Greek word ..........
Indai
USA
oikonomia
Greece
the
enterprises related to the production,
distribution and consumption of goods and
services in a specific region is called an
................
market
Capatilism
sports
economy
In..................Ownership and
management of means of
production is in the hands
of private individuals.
Mixed Economy
Capitalistic Economy
Socialist Economy
cultural economy
Main aim of ................ is to earn
maximum profit.
Mixed Economy
Socialistic Economy
Capitalistic Economy
Private parties
.......................have adopted Mixed Economy type
of system
china
japan
sweden
pakistan
................. is known as the father
of economics.
Bladameer Lenin
Adam Smith
carl marx
Truman
The recent economic policies are taking
the economy towards .........
Globalisation
Privatision
socialism
Democracy
The means of production in .........belong to the society as a whole i.e. the government’s control
Private economy
Market economy
Socialistic economy
Democratic economy
We use ............ on a large scale in agriculture, trade, finance, administration, law and in our daily life.
economics
money
credit card
cash card
Globalisation means aligning the country’s economy with the world economy. There is and all restrictions on investments are set aside.
restriction
sacrcity
free trade
capatilism
