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‘‘Activities in the… (Class 10 Social Science 2024, Q33b)

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Social ScienceCBSE Class 10 · Board exam 2024, set 32/4/1 · 5 marks · Long answer

CBSE Class 10 Social Science 2024: question 33(b)

Set in the CBSE Class 10 board exam of 2024, paper 32/4/1, section D, question 33(b), for 5 marks. Try it first; the hints and our step-by-step solution are below.

Q33(b) · 5 marks · Long answerSectors of the Indian Economy

‘‘Activities in the private sector are guided by the motive to earn profits.’’ Examine the statement with examples.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2024 board paper, set 32/4/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Ask who owns assets in the private sector and what they expect in return for services.

Hint 2

Think of private hospitals, schools or mobile companies. What do they charge?

Hint 3

Say why the government must provide some services that private firms will not offer cheaply.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Ownership: In the private sector, the ownership of assets and the delivery of services are in the hands of private individuals or companies, for example Tata or Reliance.

    1 mark

  2. Charges: They charge money for every service they provide, for example private schools, hospitals and transport.

    1 mark

  3. Profit-based facilities: Their facilities are based on earnings. Activities are guided by market analysis and are meant to make profit.

    1 mark

  4. Heavy charges: Even for basic needs such as health and education they charge heavy amounts, so these services are expensive for the poor.

    1 mark

  5. Competitive advantage: They seek competitive advantage. Many things society needs as a whole, such as cheap healthcare and roads, are not provided by the private sector at a reasonable cost, so the government must provide them.

    1 mark

Answer: The private sector is owned by individuals or companies, charges for its services and is driven by profit, so it does not provide essential services at reasonable cost.

Where the marks are

  • Ownership and services in private hands (1 mark)
  • Charges money for services (1 mark)
  • Facilities and activities are based on earning profit and market analysis (1 mark)
  • Heavy charges even for health and education (1 mark)
  • Seeks competitive advantage; society's needs are not met at reasonable cost (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Sectors of the Indian Economy, one at a time, marked against the answer key and marking points.Back to the full paper2024 board paper, set 32/4/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.