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At Edzy, we make online learning effortless and fun, aligning with the CBSE & NCERT curriculum across all classes, including Class 10. Edzy transforms difficult concepts into engaging, gamified, bite-sized lessons designed for deep understanding and long-term retention.

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CBSE
Class 10
Social Science
Understanding Economic Develop...
DEVELOPMENT
Question Bank

How does the production of goo...

Single Answer MCQ
Q-00002662

How does the production of goods and services contribute to the GDP of a nation?

1

Production has no impact on GDP

2

Production increases GDP by creating more jobs

3

Production decreases GDP by increasing costs

4

Production contributes to GDP by adding value to the economy

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Chapters related to "Class X"

SECTORS OF THE INDIAN ECONOMY

SECTORS OF THE INDIAN ECONOMY

Explore the three sectors of the Indian economy - Primary, Secondary, and Tertiary, understanding their roles, challenges, and contributions to national development.

MONEY AND CREDIT

MONEY AND CREDIT

Explore the concepts of money, its role in the economy, and the functioning of credit systems in this chapter.

GLOBALISATION AND THE INDIAN ECONOMY

GLOBALISATION AND THE INDIAN ECONOMY

This chapter explores the impact of globalisation on the Indian economy, including trade, investment, and the integration of markets worldwide.

CONSUMER RIGHTS

CONSUMER RIGHTS

This chapter educates students about the rights and responsibilities of consumers, the importance of consumer awareness, and the mechanisms for consumer protection in India.

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DEVELOPMENT Summary, Important Questions & Solutions | All Subjects

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