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Concept Maps

Production — Concept Maps

NIOS · Class 10 · Economics

4 concept maps of Production for NIOS Class 10 Economics, each also written out as a text outline. Part of the NIOS Class 10 Economics syllabus.

44 questions36 flashcards2 formulas & key relations5 concepts

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A flowchart illustrating the transformation of various inputs (labor, capital, raw materials) into an output by a firm, highlighting the payment for inputs (cost), sale of output (revenue), and the re
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4 Concept Maps

Chapter Overview: Production – Complete Mind Map

Chapter Overview: Production – Complete Mind Map

The map in words

  • Production
    • Production Function
      • Inputs to Outputs
      • Technical Relationship
      • Maximum Output
      • Technology Ratio
    • Technologies
      • Labour Intensive
        • More Labour Less Capital
        • Small Scale
        • Handloom Farming
      • Capital Intensive
        • More Capital Less Labour
        • Large Scale
        • Powerloom Factories
      • Division of Labour
        • Product Based
          • One Worker One Product
          • Village Potter
        • Process Based
          • One Worker One Stage
          • Bread Factory
    • Products
      • Total Product TP
        • Total Output at L units
      • Average Product AP
        • TP divided by L
      • Marginal Product MP
        • Change in TP per unit
      • Law of Diminishing MP
        • MP increases then decreases
        • TP maximum when MP zero
    • Types of Producers
      • Indigenous
        • Private Sector
          • Sole Proprietorship
          • Partnership
          • Company
          • Cooperative
          • NPO
        • Government Sector
          • Departmental
          • PSU Non-Departmental
      • Foreign
        • Multinationals MNC
        • Collaborations

Shows how inputs flow through a production function to create output, with emphasis on the importance of correct combinations

Shows how inputs flow through a production function to create output, with emphasis on the importance of correct combinations

The map in words

  • Inputs: Land, Labour, Capital, Entrepreneurship
    • Production Function
      • Right Combination?
        • Yes: Maximum Output
          • Efficient Production
        • No: Lower Output
          • Inefficient Production

Mind map comparing labour-intensive and capital-intensive technologies of production

Mind map comparing labour-intensive and capital-intensive technologies of production

The map in words

  • Technologies of Production
    • Labour Intensive
      • More use of labour
      • Less use of capital
      • Small-scale production
      • Household enterprises
      • Examples: Potter, Tailor
    • Capital Intensive
      • More use of capital
      • Less use of labour
      • Large-scale production
      • Market oriented
      • Examples: Factories, Corporations

Production as the process of combining inputs to create goods and services

Production as the process of combining inputs to create goods and services

The map in words

  • Production as the process of combining inputs to create goods and services
    • Factors of production
    • Production function
    • Technologies of production
    • Division of labour
    • Product measures
    • Law of diminishing marginal product
    • Production process
    • Entrepreneur

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Frequently Asked Questions

What are the important topics in Production for NIOS Class 10 Economics?
Key topics in Production include Meaning of Production and Production Function, Techniques of Production and Division of Labour, Total Product, Average Product and Marginal Product, Law of Diminishing Marginal Product of Labour. Study these first, then practise questions on each for the NIOS Class 10 board exam.
What do the concept maps for Production show?
The 4 maps show how the ideas in Production connect: Chapter Overview: Production – Complete Mind Map; Shows how inputs flow through a production function to create output, with emphasis on the importance of correct combinations. Each map is also written out as an outline on this page.
How should I revise Production for the NIOS Class 10 board exam?
Learn the core ideas first, then work through the 44 practice questions on Production. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Production

All NIOS Class 10 Economics Concept Maps

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