Thai Sikh International School
E-Learning Programme – Online
Assignment – 10/09/2015
Name
: Subject : Economics
Year : 9 Schedule
No. : 1
Activity – 1.
1.
Decide
which of the following are scarce and explain the reason for your answer.
a.
Vacancies
for university degree course
b.
Foreign
holidays
c.
Health
care
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Multiple Choice Questions:
Encircle and explain the reasons for your answer.
2.
Why
does scarcity exist?
a.
Each
year workers tend to produce less than previously
b.
Machines
wear out with time
c.
There
are not sufficient resources to produce all the products people want.
d.
There
is a limit to people’s wants
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3.
Why
will scarcity continue to be a problem in the future?
a.
Price
will rise
b.
The
quantity of resources will decline
c.
Wants
will continue to increase
d.
World
population will fall
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Activity
4.
Decide
which of the following would raise labour productivity.
a.
Improved
education and training
b.
Better
equipment
c.
Worse
working conditions
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Reference Book:
Cambridge IGCSE Economics – Susan Grant.
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