UP Board Class 12th Sociology Chapter 4 - The Market as a Social Institution Important Questions with Answers

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Prepare thoroughly with the most important questions of UP Board Class 12th Sociology Chapter 4 - The Market as a Social Institution. You can first cover the UP Board Class 12th Sociology syllabus to understand the key topics and then start solving the UP Board Class 12th Sociology Chapter 4 - The Market as a Social Institution Important Question to get a better understanding of your preparation level. Start practicing now.

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Question 1.

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What is meant by the Market?

Question 2.

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What is meant by Market Economy according to Adam Smith?

Question 3.

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Give the meaning of free market.

Question 4.

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What is meant by the policy of Laissez-Fairer?

Question 5.

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What is meant by Weekly Markets?

Question 6.

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What is meant by the Short-term Market?

Question 7.

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What is meant by Long-term Market?

Question 8.

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What is meant by the Jajmani system?

Question 9.

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What is meant by Exchange?

Question 10.

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What is commodification? Explain with examples. (C.B.S.E. 2010)
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Question 1.

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What was Hundi?

Question 2.

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What is liberalization?

Question 3.

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What is Globalisation?

Question 4.

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What are the reasons for liberalization?

Question 5.

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What is Privatisation?

Question 6.

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What were the positive results of globalization over India?

Question 7.

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What changes have taken place due to marketization? (C.B.S.E. 2017 (OD))

Question 8.

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In what way consumption pattern is related to a status symbol? (C.B.S.E. 2017 (D))

Question 9.

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Why coastal cities were favored by the colonial rulers? (C.B.S.E. 2017 (D))

Question 10.

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What are the main objectives of liberalization?
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