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WorksheetsCh 1 Introduction (Statistics)Class 11 Economics
Total questions: 10
Worksheet time: 8mins
The most fundamental economic problem is
health
security
export and import
scarcity
Economics is best defined as the study of how people
use their infinite resources
attain wealth
choose abundance over scarcity
attain education from best school
A consumer is one who consumes goods and services for-
need of education
satisfaction of his wants
help to others
to earn money
Which of the following is an economic activity?
Blood donation for a noble cause
care of children by father
household work done by mother
service provided by doctor in hospital
Consumption is -
supply of goods and services
use of goods and services to satisfy wants
riding a car safely
production of goods and services for human wants
The factors of production are-
manager, labour, raw material and land
machinery, factory, electricity and labour
entrepreneur, land , labour and capital
money, labour, entrepreneur and raw material
Service provider is a person who-
consume services
provide services
consume goods
produce goods
Statistics can only deal with quantitative data. True or False. Justify your answer
Choose the correct sequence of steps of statistical tools-
Organisation of data, presentation of data, collection of data,analysis of data and interpretation of data
Collection of data, organisation of data, presentation of data, analysis of data, interpretation of data
Collection of data, analysis of data, presentation of data, organisation of data and interpretation of data
Collection of data, analysis of data, organisation of data presentation of data and interpretation of data
Today's activities of my friend Shreya , who is a singer is given below:
1. In the morning, she performed a stage show for singing and got $10,000 as remuneration
2. In the evening, she celebrates her father's birthday at home and sang a song for him.
From above information which statement is true-
activity 1 is economic activity and activity 2 is non-economic activity
activity 2 is economic activity and activity 1 is non-economic activity
1 and 2 both are economic activities
1 and 2 both are non-economic activities
