WEEKLY
ASSIGNMENT 06
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Grade:
08
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Date:
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Due
on:
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Class:
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Index:
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Name:
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Exercise
01. Complete the following puzzle
O
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P
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R
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N
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C
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L
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L
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R
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W
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L
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C
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G
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E
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S
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I
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S
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C
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S
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P
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I
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I
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D
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1.
O The next best alternative
2.
W A weekly payment for labour
3.
C Selecting between goods
4.
E Study of efficient management of
scarce resources
5.
S Activities which satisfy human wants
6.
C Using up of goods and services to
satisfy human wants
7.
P Reward for entrepreneur
8.
W Assets which have a money value
9.
I Reward for capital
10.
I Amount of money received over a given
period of time
11.
D Loss of value due to wear and tear and
obsolescence
DOWN
1.
O Amount of goods produced
2.
S The central problem in economics
3.
P Creation of goods and services
4.
R Reward for labour
5.
G Things which satisfy human wants
6.
N The basic requirements
7.
L Human input to work activity
8.
C The person who buys goods for final
consumption
9.
L A possible reward for entrepreneur
10.
L All natural resources
11.
I Production of real capital goods
12.
R Inputs used in the production process
13.
S A monthly payment for labour
Exercise
02. Answer the following questions.
1.
What is meant by
‘Occupational Mobility of Labour’? Give an example.
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2.
Name the barriers to
occupational mobility of labour?
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3.
Identify two ways to
increase occupational mobility of labour?
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