alleryEconomics comes from the Greek word oikonomia. Which Greek word means household?
- oikos
- nemein
- demos
- polis
Show answer and solution
Correct answer: A. oikos
Oikos is the Greek root meaning household, so economics began as household management.
CBSE Class 9 Building Blocks in Economics — practice questions
Explore 115 free Building Blocks in Economics questions in CBSE Class 9 Social Science. Open each question or exercise to read its content, reference answers and available explanation.
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Economics comes from the Greek word oikonomia. Which Greek word means household?Read the answer and worked solution →In the word economics, the Greek nemein is best translated as which English word?Read the answer and worked solution →Which of these is a need rather than a want?Read the answer and worked solution →How do human wants behave over time?Read the answer and worked solution →A person upgrades from a bicycle to a motorbike and then to what?Read the answer and worked solution →Which of these is a human-made resource?Read the answer and worked solution →Why must an economy choose how to use its scarce resources?Read the answer and worked solution →Which four factors of production are named?Read the answer and worked solution →A farmer grows barley instead of wheat on the same land. What does the lost wheat represent?Read the answer and worked solution →What is the value of the alternative given up when one option is chosen called?Read the answer and worked solution →What do all points on the Production Possibility Curve show?Read the answer and worked solution →What does the Production Possibility Curve help enterprises and governments do?Read the answer and worked solution →What causes an outward shift of a production possibility frontier?Read the answer and worked solution →A point inside a production possibility frontier usually means what?Read the answer and worked solution →Which two things mainly set where the frontier lies?Read the answer and worked solution →Which body makes the major economic decisions in a planned economy?Read the answer and worked solution →What weakness of a planned economy is noted?Read the answer and worked solution →Why does strict licensing in a planned economy limit competition?Read the answer and worked solution →In a market economy, what mainly decides output?Read the answer and worked solution →What role does the government play in a market economy?Read the answer and worked solution →A mixed economy combines features of which two systems?Read the answer and worked solution →In a mixed economy, what do private players face?Read the answer and worked solution →Which goods are available to all people without anyone being excluded?Read the answer and worked solution →In which year did India introduce major economic reforms that opened the economy to global trade?Read the answer and worked solution →Which country's reforms, starting in 1978, are cited as a mixed economy example?Read the answer and worked solution →Which kind of economy do most modern economies resemble?Read the answer and worked solution →What do unlimited wants and limited resources create?Read the answer and worked solution →Which of these is NOT one of the three key economic questions?Read the answer and worked solution →Economics is essentially about what?Read the answer and worked solution →Which groups interact as economic entities in an economy?Read the answer and worked solution →
Worked practice questions
In the word economics, the Greek nemein is best translated as which English word?
- Management
- Counting
- Exchange
- Measuring
Show answer and solution
Correct answer: A. Management
Nemein is best rendered as management, which gives economics the sense of managing scarce resources.
Which of these is a need rather than a want?
- Drinking water
- A holiday trip
- A new gadget
- A luxury car
Show answer and solution
Correct answer: A. Drinking water
Drinking water is essential for survival, whereas gadgets, trips and cars are wants.
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