Practice Importance of Economics - 1.5 | 1. Introduction to Economics | ICSE Class 9 Economics
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1.5 - Importance of Economics

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What are rational choices?

💡 Hint: Think about how choices are made logically.

Question 2

Easy

Define scarcity.

💡 Hint: Consider resources like money, time, or materials.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does making a rational choice involve?

  • Choosing at random
  • Evaluating options logically
  • Ignoring alternatives

💡 Hint: Think about decision-making in daily life.

Question 2

Scarcity exists when resources are:

  • True
  • False

💡 Hint: Remember the definition of scarcity.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

If a country is continuously investing in military at the expense of education, analyze the long-term effects on its economy.

💡 Hint: Think about the balance between different sectors.

Question 2

Given the rise in unemployment during an economic downturn, suggest economic policies that could help recover the job market.

💡 Hint: Consider how different sectors can be supported.

Challenge and get performance evaluation