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Subjects

General Knowledge

Basic Economic Terms

मूलभूत आर्थिक शब्दावली

Basic Economic Terms introduces Class 10 General Knowledge students to the language used to understand the Indian Economy. It explains concepts such as goods and services, production, consumption, income, employment, markets, demand and supply, inflation, poverty, and national income in clear, accessible terms. Students learn how these ideas relate to households, businesses, government policies, and everyday decisions, helping them read economic news and connect classroom learning with India’s social and economic life.

Practice questions

01 In which year was the New Economic Policy launched in India?

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