CBSE Class 12 Sociology Market A Social Institution Worksheet Set C

Read and download free pdf of CBSE Class 12 Sociology Market A Social Institution Worksheet Set C. Download printable Sociology Class 12 Worksheets in pdf format, CBSE Class 12 Sociology Indian Society Chapter 4 The Market as a Social Institution Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Sociology Class 12 Assignments and practice them daily to get better marks in tests and exams for Class 12. Free chapter wise worksheets with answers have been designed by Class 12 teachers as per latest examination pattern

Indian Society Chapter 4 The Market as a Social Institution Sociology Worksheet for Class 12

Class 12 Sociology students should refer to the following printable worksheet in Pdf in Class 12. This test paper with questions and solutions for Class 12 Sociology will be very useful for tests and exams and help you to score better marks

Class 12 Sociology Indian Society Chapter 4 The Market as a Social Institution Worksheet Pdf

 THE MARKET AS A SOCIAL INSTITUTION
 
1. What is meant by the Phrase ‘Invisible Hand’?
i. Each person looks only to their self-interest, but in the process the interest of the society is taken care of.
ii. In this sense, there seems to be an unseen force at work that changes what is good for the individual into what is good for the society. This was called the invisible hand by Adam Smith.
 
2. How may Caste & Kin networks contribute to the success of a Business?
a) According to sociologists there is a close connection between Caste & the economy.
b) Vaisyas that make up the third Varna in the Indian Caste system indicate the significance of Business community in India.
c) There are some other business communities in India such as the Parsis, Sindhis, Bohras & Jains etc.
d) Trade & Commerce generally operate through Caste & Kinship networks in India.
 
3. Explain the meaning of Commoditization with the help of examples.
Commoditization takes place when things that have never been sold become a commodity. Example the sale of Labour, Sale of Human Organs, Sale of Water etc.
 
4. What is meant by Liberalization? Discuss its impact.
It is a process whereby state control over economic activities are minimized or relaxed & left to the market forces to decide. In general it is a process of making more liberal laws & loosening government rules & regulations. Its overall impact is mixed.
For example the software sectors & agriculture are benefited whereas sectors like automobiles, electronics or oilseeds suffer as they cannot compete with foreign producers.
 

Please click on below link to download CBSE Class 12 Sociology Market A Social Institution Worksheet Set C

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CBSE Class 12 Sociology Indian Society Chapter 4 The Market as a Social Institution Worksheet

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Worksheet for Sociology CBSE Class 12 Indian Society Chapter 4 The Market as a Social Institution

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Indian Society Chapter 4 The Market as a Social Institution worksheet Sociology CBSE Class 12

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Indian Society Chapter 4 The Market as a Social Institution CBSE Class 12 Sociology Worksheet

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Worksheet for CBSE Sociology Class 12 Indian Society Chapter 4 The Market as a Social Institution

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