Students often refer to SCERT Class 9 Social Science Notes Kerala Syllabus and Std 9 Geography Chapter 6 Price and Market Notes Questions and Answers English Medium that include all exercises in the prescribed syllabus.
Kerala Syllabus 9th Standard Social Science Geography Notes Chapter 6 Price and Market
Class 9 Social Science Geography Chapter 6 Notes Question Answer Kerala Syllabus Price and Market
Class 9 Geography Chapter 6 Notes Kerala Syllabus English Medium
Question 1.
Observe the picture given above. We can see different things here which are helpful in our day to day life to satisfy our needs. Some of these are used to satisfy our basic needs and some others are used to fulfill our wants. Sort and write them in the table in an appropriate manner.
Answer:
| Fulfills Basic Needs | Fulfill Wants |
| Food House Cloths |
Vehicle Camera Computer |
Question 2.
Complete the following word sun by including more inputs.
Answer:
(a) Water
(b) Raw Materials
(c) Electricity
(d) Labour
Question 3.
Complete the following diagram by including the features of short-run inputs.
Answer:
(a) Land
(b) Capital
(c) Fixed Inputs
Question 4.
What may be the factors, other than one’s income, that influence consumption?
Answer:
- Advertising and Marketing
- Social and Cultural Influences
- Economic Conditions
- Seasonality and Trends
- Technology
- Substitutes and complements of goods
Question 5.
The following diagram shows factors influencing consumption. Find out more factors and complete the diagram.
Answer:
(a) Quality and reliability of goods
(b) Advertising and marketing
(c) Technology
Question 6.
Discuss and make notes on the importance of sustainable production and sustainable consumption pattern in the modern world.
Answer
Sustainable production means making things in a way that is good for the environment, using fewer resources, and creating less waste. Sustainable consumption means using things wisely, without wasting, so we don’t harm the planet.
Importance:
- Protects the environment: It helps keep the air, water, and land clean by reducing pollution and saving natural resources like trees and water.
- Saves for the future: If we use resources carefully, it will be enough for future generations to live comfortably.
- Less waste: It encourages recycling and reusing, which helps in reducing waste.
- Better for people: Sustainable production can create better jobs, improve health, and make life better for people.
(Using less energy and producing less waste helps slow down climate change, which is important for protecting our planet).
Question 7.
a) Find out the changes in your surroundings due to development activities and write them below.
b) Development activities are essential for the progress of the society. But what may be the impact of such activities on the environment and living creatures, including humans? Write them.
c) In what ways can the development activities be made possible by minimising such environmental problems? Discuss and consolidate your suggestions.
Answer:
a)
- Rocks and hills are levelled for constructing buildings, roads, etc.
- Unscientific construction activities
- Deforestation
b)
- Adversely affects the local climate
- Pollution
- Food availability
- The extinction of species
- Impact on the ecosystem and natural disasters
c) Development can be made sustainable by using clean energy like solar and wind, avoiding construction in sensitive areas, and promoting eco-friendly farming. Water conservation methods such as rainwater harvesting and recycling can save resources, while proper waste management reduces pollution.
Encouraging public transport and protecting green spaces improve air quality and reduce traffic. Protecting biodiversity ensures animals and plants are not harmed during development. Raising environmental awareness helps people make better choices. These steps allow development while minimising harm to the environment, ensuring a healthy future for all.
Question 8.
Prepare a seminar paper on ‘Sustainable Development and National Progress’ based on the indicators given below. Present the seminar report.
Indicators:
- Sustainable production, sustainable consumption, sustainable development.
- Importance of sustainable consumption and sustainable production in formulating sustainable development vision.
- Your responsibility as a student.
- Challenges faced by sustainable development and suggestions for solving them.
Answer:
Seminar Paper: “Sustainable Development and National Progress”
1. Sustainable Production, Consumption, and Development
- Sustainable production: Making goods in ways that protect the environment and reduce waste.
- Sustainable consumption: Using resources wisely to avoid harming the planet.
- Sustainable development: Combining both to ensure long-term progress for people and the environment.
2. Importance of Sustainable Practices
Sustainable production and consumption are key for building a future where the economy grows without damaging the environment. They help conserve resources and protect the planet for future generations.
3. Student Responsibility
As a student, we can:
- Save water, reduce waste, and recycle.
- Promote eco-friendly practices.
- Participate in environmental activities like tree planting and clean-up campaigns.
4. Challenges and Solutions
Challenges like overuse of resources, pollution, and climate change can be addressed by:
- Using renewable energy (like solar and wind).
- Promoting eco-friendly farming and waste management.
- Educating others and supporting government policies for sustainability.
Question 9.
Observe the figure given below and prepare an analysis report based on the interrelationship between producers and consumers on economic activities.
Answer:
Producers and consumers have a close interrelationship in economic activities. Producers create goods and services, while consumers purchase and use them. This exchange is driven by supply and demand, where producers supply products, and consumers create demand for them. Prices are determined by the balance between how much consumers want and how much producers can provide.
Consumers push producers to improve quality and innovate, leading to better products over time. Additionally, the money consumers spend on goods helps producers pay for production, while consumers earn money by working for producers. This creates a continuous flow of economic activity, ensuring the economy runs smoothly.
Question 10.
Look at Figure. This is a market. What are the features of market you can see here?
Answer:
- Goods are being sold
- There are people who buy goods (buyers)
- There are people who sell goods (sellers)
- Price information, etc.
Question 11.
How much quantity is the consumer willing to buy when the price of the product is Rs. 5 and Rs. 25, respectively? (Refer the table in Demand Schedule)
Answer:
When the price of the product is Rs. 5, the consumer will purchase 50 kg . When the price of the product is increased to Rs. 25 the consumer will purchase 10 kg.
Question 12.
Based on the table in the Demand schedule and the graph of Demand curve, answer the following questions:
a) How much is the quantity demanded when the price of the product increases from Rs. 5 to Rs. 10 ?
b) Specify the relationship between quantity of the product and its price in the demand curve.
Answer:
a) When the price of the product increases from Rs. 5 to Rs. 10 the quantity demanded will decrease from 50 kg to 40 kg.
b) It shows the inverse relationship between the price and quantity demanded of a product.
Question 13.
What was the quantity the producer was willing to sell when the price of the product was Rs. 5 and Rs. 25, respectively? (Refer the table in Supply Schedule)
Answer:
For Rs. 5 and Rs. 25 the quantity supplied will be 10 kg and 50 kg respectively.
Question 14.
Based on the table in the Supply schedule and graph of the Supply curve, try to answer the following questions.
a) How much was the quantity the producer was ready to sell when the price of the product changed from Rs. 5 to Rs. 10?
b) Specify the relationship between the quantity supplied and the price in the supply curve.
Answer:
a) When the price of the product increases from Rs.5 to Rs.10, the quantity the producer ready to sell is changed from 10kg to 20 kg.
b) There is a direct relationship between the quantity supplied and the price in the supply curve.
Question 15.
In the table (price determination in market), what is the price, which equals to the quantity. demanded and quantity supplied?
Answer:
The price, which equals the quantity demanded and quantity supplied, is Rs. 15.
Question 16.
a) What do the DD and SS curves indicate?
b) What are the equilibrium price and the equilibrium quantity at Point E?
c) Is there any other situation at which demand and supply are equal in the figure?
Answer:
a) The DD curve shows the Demand curve, and the SS curve shows the Supply curve.
b) Equilibrium price and quantity at point ‘E’ are Rs 15 and 30 kg respectively.
c) No.
Question 17.
a) Does equilibrium condition always exist in the market?
b) Is there any situation where demand and supply are not equal?
Answer:
a) No. Market equilibrium is not always achieved in reality due to uncertain and dynamic supply and demand conditions and constantly changing economic variables.
b) Yes. The condition in which demand and supply are not equal in the market is called disequilibrium.
Question 18.
a) What may be the changes in the market in a situation where the demand for the product decreases and the availability (supply) increases?
b) What may be the changes in the market in a situation where the demand increases and the availability (supply) decreases?
Answer:
a)
- The price of the product decreases
- Disequilibrium in market
- Producer Losses
b)
- The price of the product increases
- Disequilibrium in market c. Increased Profits for Producers.
Question 19.
Given below are some marketing techniques that can be seen in the market. Observe and find out more and add them.
Answer:
a) Customer Testimonials and Reviews
b) Influencer Collaborations
c) Free Trials
Question 20.
How do the price controls by the government influence the producers and consumers? Discuss and prepare a note.
Answer:
Government price controls can impact both producers and consumers. When price ceilings are implemented below the equilibrium price, consumers benefit by increased affordability and consumption. However, producers may face reduced profit margins and production shortages.
On the other hand, price floors above the equilibrium price benefit producers by maintaining profit margins and encouraging higher production. However, consumers may face reduced purchasing power and decreased demand. Therefore, policymakers must carefully consider the potential consequences of price controls to maintain a healthy market system.
Question 21.
Prepare a seminar report based on the topic “Advantages and limitations of digital marketing”.
Answer:
Title: Advantages and limitations of digital marketing
Introduction: Marketing of goods and services with the help of digital channels by using information technology is called digital marketing. This seminar report deals with the advantages and limitations of digital marketing.
Advantages of digital marketing: (Elaborate the following points)
- Enhanced Targeting
- Targeted Advertising
- Cost-Effectiveness
- Flexibility and Speed
- Measurable Results
- Content Variety
Limitations of digital marketing: (Elaborate the following points)
- Saturation
- Lack of personalisation
- Privacy Concerns
- Depends on algorithm
- Rapid technological changes
- Over-reliance on paid advertising
Price and Market Class 9 Extended Activities
Question 1.
Visit a production centre (firm) and find out its production activities. Examine how far these activities go along with the concept of sustainable production? Prepare a note based on your observation and give suggestions.
Answer:
Visit a production centre or firm
Observe the following: (Elaborate the following points)
- Production activities like manufacturing products, sourcing of raw materials, quality assurance.
- Resource utilisation, such as energy use and water consumption.
- Waste management- Recycling initiatives, packaging.
Suggestions for improvement: (Elaborate the points)
- Enhance Supplier Sustainability Standards
- Adopt a Circular Economy Model
- Implement Comprehensive Monitoring
Question 2.
Need of the hour is to cultivate a consumption culture committed to social and environmental responsibilities. Evaluate the statements.
Answer:
The statement says that we need to develop habits where people think about how what they buy and use affects the world and other people. This means making choices that are good for both the environment and society. For example, using less plastic, recycling, or buying from companies that treat their workers fairly. If we don’t, it can harm the planet and create problems like pollution and unfair treatment of people. So, being responsible in what we buy and use helps to protect nature and make the world a fairer place for everyone.
Question 3.
Many features can be seen in digital marketing that are different from traditional markets. Find out more information about new digital marketing system and prepare a report.
Answer:
Digital marketing is the promotion of products or services using the internet and digital tools. It is different from traditional marketing, like ads in newspapers or TV commercials, in many ways. Here are some key features of digital marketing:
- Online Presence: Businesses use websites, social media (like Instagram and Facebook), and search engines (like Google) to reach customers. This helps them to connect with people around the world.
- Low Cost: Compared to traditional marketing (like printing posters or running TV ads), digital marketing is often cheaper and can reach a larger audience.
- Interactive: Customers can engage directly with ads by liking, sharing, or commenting on them. This two-way communication helps businesses understand what their customers want.
Std 9 Geography Chapter 6 Notes Kerala Syllabus Extra Question Answer
Question 1.
Meenu argued that there is a relationship between producers and consumers.
a) Do you agree with this statement? Explain.
Answer:
Yes, I do agree with this statement. There is a relationship between producers and consumers in economic activities. Producers produce goods and services according to the needs of the consumers and deliver to them. Consumers purchase the goods by paying the product value (price). When consumers supply labour for the production process, producers give wages to the consumers as rewards. The interrelationship between consumers and producers becomes possible through the market.
Question 2.
Define the terms given below.
a) Production function
b) Fixed input
Answer:
a) Production function is the technical relationship between inputs used in the production process and the produced outputs within a specific period of time.
b) Inputs that cannot be changed in a short period of time are called fixed inputs. Land, Organisation, etc, are examples of fixed inputs.
Question 3.
State True or False
a) Consumption of goods and services which minimises environmental impact is called sustainable consumption.
b) The collection of 15 goals set by the United Nations is known as sustainable development goals.
c) The situation in which at least one input is variable in the production process is called short-run production.
Answer:
a) True
b) False. (The collection of 17 goals set by the United Nations is known as sustainable development goals.)
c) False. (The situation in which at least one input is fixed in the production process is called short-run production.)
Question 4.
Define sustainable development.
Answer:
Sustainable development is when the needs of the present generation are met without compromising the needs of future generations. The collection of 17 goals set by the United Nations is known as sustainable development goals. We need a development approach that does not make a negative impact on the environment and species. Such development is the vision put forward by sustainable development.
Question 5.
Given below are the factors of production. Classify them into fixed inputs and variable inputs. (Land, labour, capital organisation)
Answer:
Fixed input: Land, organisation, Variable Input: capital, labour.
Question 6.
How sustainable production differs from sustainable consumption.
Answer:
The primary goal of sustainable production is to produce goods and services with minimum exploitation or misuse of natural resources and raw materials.
Other goals include:
- To reduce environmental impacts through efficient use of resources.
- To maximise the renewable possibility of resources.
- Eco-friendly production and consumption practices are to be followed to enrich sustainable development.
Question 7.
“We need a development approach that does not make a negative impact on the environment and species.” Identify the statement and write a note on it.
Answer:
Such development is the vision put forward by sustainable development. Sustainable development generally refers to the development that is achieved by controlling over exploitation of resources and reducing resources, reducing environmental impacts.
Question 8.
Fill in the blanks.
a) ……. is a person who buys goods and services.
b) Development activities lead to. ………… of the country.
c) ………… (a)…. is …..(b)….. generation.
Answer:
a) Consumer
b) Economic development
c) (a) sustainable development
(b) future
Question 9.
What is the major challenge faced by today’s economic system?
Answer:
The major challenge faced by today’s economic system is the conflict between unlimited human needs and wants and limited resources. The increasing population is another major reason for the exploitation and mismanagement of resources.
Question 10.
Write any five sustainable development goals.
Answer:
The collection of 17 goals set by the United Nations is known as sustainable development goals.
- No poverty
- Clean water and sanitation
- Zero Hunger
- Gender Equality
- Good health and well-being
Question 11.
Define the terms.
a) Demand
b) Supply
c) Disequilibrium
Answer:
a) Demand is the desire for a commodity backed up by the willingness and ability to pay.
b) Supply of a commodity is its quantity ready to be sold in the market at a given price for a specific period of time.
c) The condition in which demand and supply are not equal in the market is called disequilibrium.
Question 12.
Ann argues that ‘if disequilibrium exists in the market, then we can’t change this situation into equilibrium’. Do you agree or disagree with this statement? Explain.
Answer:
I’m not agreeing with this statement. If disequilibrium exists in the market for a long period, it will adversely affect the economic activities in the market. When the demand for a product is more than its supply, the producers try to make more profit by increasing the price of the product.
This kind of price increase will decrease the purchasing power of the consumers. As a result, the producers will be forced to reduce the price of the product. This leads to a reduction in the price of the product. Thus, the market reaches equilibrium, which is acceptable to both consumers and producers. In this way, the market will always try to maintain equilibrium.
Question 13.
Fill in the blanks.
a) There is an ……….relation between demand and price in the demand curve.
b) is the mechanism through which the exchange of goods and services between sellers and consumers takes place.
c) Supply curve moves ………… from left to right.
d) The point at which demand and supply interact with each other is called………….
Answer:
a) Inverse
b) Market
c) Upward
d) Equilibrium
Question 14.
What do you mean by price control?
Answer:
It is the government that fixes support prices for agricultural products to control the market price. Fixing the highest and the lowest price for goods and services by the government is known as price, control. The primary objective of price control is to intervene in the market, enable exchange at a reasonable price and to protect the interests of both producers and the consumers.
Question 15.
a) Explain digital marketing.
b) What are the major features of digital marketing?
Answer:
a) Marketing of goods and services with the help of digital channels by using information technology is called digital marketing. It is an advanced digital system that uses the internet extensively.
b)
- It saves time, diverse products, attractive
- Digital platforms create new job opportunities
Question 16.
What is the difference between demand and demand schedule?
Answer:
Demand is the desire for a commodity backed up by the willingness and ability to pay. Demand schedule is a table that shows the quantity demanded of a product at different price levels.
Question 17.
Why does the supply curve move upwards from left to right?
Answer:
The supply curve moves upward from the bottom left to the top right because, as the price of a product increases, the quantity supplied will also increase. There is a direct relation between price and quantity supplied.
Question 18.
What are the major Marketing Techniques?
Answer:
a) Discount, rebate
b) E-commerce
c) Online store
d) Sale of quality products
Question 19.
When the price of the product decreases, the quantity demanded will increase. Why?
Answer:
When the price of the product decreases, the quantity demanded will increase. This was mainly because of the indirect relationship between price and quantity demanded of a product. That’s why the demand curve slopes downward from left to right.