12th Class Economics Sample Paper Economics - Sample Paper-10

  • question_answer
    Explain the likely impact of Sarva Shiksha Abhiyan on transformation line in India. Given reason in support of your answer.
    or
    Explain the central problem of what to produce.
     

    Answer:

    Sarva Shiksha Abhiyan will improve the level of education in India. Consequently, skilled labour force will emerge in the country Resource-pool of the country is expected to rise with this change. As a result, PPC is likely to shift to right. Or Problem of what to produce arises as the economy has limited resources. Because of scarcity of resources, producers are unable to produce everything in desired quantity, so they have to make a choice as to which product or service is important as a whole, so that limited resources can be rationally managed. Problem of what to produce involves two-fold decisions: (i) Kinds of goods to be produced (ii)Quantity of goods to be produced


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