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Class: Economics, lesson: the story of village Palampur
Read the lesson and answer the following questions:
1. Define the term production.
2. What are the main factors of production. Explain briefly.
3. Differentiate between the physical capital and fixed capital.
4. What is known as multiple cropping?
5. How did the spread of electricity help the farmers in Palampur?
6. What is the difference between multiple cropping and modern farming method?
7. Define the term Green Revolution. What are the limitations of Green Revolution?
8. Is it important to increase the area under irrigation?
9. What do you mean by HYVs?
Answers
Answer:
1. Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). ... Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human wants and needs.
2. The main factors of production are
- land
- labour
- physical capital
- Human capital
Physical capital is classified in to two type
- fixed capital
- working capital
3. In economics, physical capital refers to a factor of production (or input into the process of production), such as machinery, buildings, or computers. ... Fixed capital investments include durable goods, which will remain in the business for more than one accounting period.
4. In agriculture, multiple cropping or multicropping is the practice of sequentially growing two or more crops in the same piece of land during one growing season instead of just one crop. It is a form of polyculture. ... Mixed cropping is found in many agricultural traditions.
5. The spread of electricity has helped farmers in Palampur in following ways: (i)Electric-run tubewells can Irrigate much larger areas of land. (ii)Electricity has transformed the system of Irrigation. (iii)Electricity has reduce the pollution because it is a cheap and pollution free source of Irrigation.
6. Multiple cropping: Growing more than one crop on the same plot in the same calendar year. Some modern agriculture does this. It depends on the location, environment and need.
Modern farming means farming using modern techniques and technology. That means farming with the facilities of modern science and technologies. Using modern science and technologies in farming increase the farming productions. Farming is the cultivation of domestic animals, fish, birds, plants, crop etc.
7. Green revolution refers to the introduction of High yielding variety (HYV) of seeds and increased use of fertilizer and irrigation methods. It took place during the 1960s especially 1965onwards. It was aimed at providing increase in production to make India self-sufficient in food grains.Aug 19, 2017
limitations of green revolution
Green revolutions resulted in loss of soil fertility due to increased use of chemical fertilisers and pesticides. Continuous use of groundwater for tube well irrigation reduced the water-table below the ground.
8. 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.
9.High Yielding Variety Seeds (HYV seeds) are seeds are of better quality than normal quality seeds. These seeds are a better option of seeds in order to obtain a healthy and surplus crop. These seeds have good immune system to fight with insects and other diseases.
Hope this will help you