1. There are four requirements for the production of goods and services. What are they? Explain.
2. What are the items that come under physical capital?
3. Is it important to increase the area under irrigation? Why?
4. What is the difference between multiple cropping and modern farming method?
5. What are the differences between Fixed and Working Capital? Explain.
6. Describe the main production activity in Palampur. What are the features?
7. What is the working capital required by the farmer using modern farming methods?
8. How is land distributed between the farmers of Palampur?
9. Would you agree that the distribution of cultivated land is unequal in Palampur? Do you find a similar situation for India? Explain.
10. What are the main characteristics of the traditional method of farming? Mention any three.
11. Modern farming methods require more inputs which are manufactured in industry. Do you agree?
12. What are the issues that crop up due to unequal distribution of land?
13. How did the spread of electricity help farmers in Palampur?
14. Is it important to increase the area under irrigation? Why?
15. Why are the wages for farm labourers in Palampur less than minimum wages?
16. What are the different ways of increasing production on the same piece of land? Use examples to explain.
17. How do the medium and large farmers obtain capital for farming? How is it different from the small farmers?
18. Explain the issues farm labourers face in terms of unemployment. Mention three issues.
19. What are the drawbacks of modern farming methods?
20. What can be done so that more non-farm production activities can be started
in villages?
21. Which are the kharif and rabi crops grown in Palampur?
22. What does the term Physical capital mean? Give different types with examples.
23. Differentiate between the traditional and modern farming methods.
Answers
Answer:
you want answer of all the question
Explanation:
Ans-1
The four requirements of production of goods and services are land, labor, physical capital and human capital. Land is the physical place where all the economic activity takes place. ... Labor represents all the people that are available to transform resources into goods or services that can be purchased.
Ans-2
It consists of tangible, man-made goods that assist in the process of creating a product or service. The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its physical capital.
Ans-3
Yes, it is important to increase the area under irrigation because water is very essential for agriculture. In India, the rainfall is unevenly distributed in the country and if rainfall is less, then production will be low, and they will be only able to grow one crop in a season.
Ans-4
Difference between Multiple Cropping and Modern Farming:
Multiple Cropping:
It is a traditional method of farming.
It includes growing more than one crop on a piece of land during the same year.
This method involves using of traditional seeds that requires less irrigation, wooden tools and equipments, ancient machinery, etc.
Thus, the productivity of this method tends to remain low.
Modern Farming:
It is a modern method of farming.
It includes growing of one crop on a single piece of land at one point of time.
This method involves using of high yield varieties (HVY) of seeds, chemical fertilizers, pesticides and insecticides in large quantities, modern machinery, etc.
Thus, the productivity of this method is high, however, it is not environment friendly.
Ans-5
Fixed Capital (FC) implies the fund investment created in the long term belongings (assets) of the firm. It is a mandatory necessity of an enterprise during its primary stage, i.e. to begin the business concern or to administer the existing trade. It is that portion of the entire fund, which isn’t utilised for manufacturing but they are kept in trade for more than 1 accounting cycle. Its character is perpetual which subsist in the framework of intangible and tangible assets of the firm
WC is the gauge that measures the economic soundness and functional effectiveness of the firm. However, it is the result of current assets minus current liabilities, whereas current assets are the assets which can be transformed into cash within 1 year, namely cash, debtors, inventories, etc., whilst current liabilities are those liabilities that decrease outstanding for pay in 1 year, namely, bank overdraft, short term loans, tax provision, creditors, etc.,