answer quickly
it is of economics chapter 1 the story of palampur
Answers
Answer:
I
1. well connected
2. 450
3. nearby areas like Raiganj
4. fixed
II
1. There is very good transportation, educational and health facilities. It also has a good connection of Electricity.
2. Farming
3. The main benefit is that electricity is used for irrigation in Palampur.
4. These factors of production are as follow:
Land- Land and other natural resources.
Labour- the people who do the work.
Market- The healthy competition.
Capital—Investment required in the business and the various inputs required at every stage.
hope this helps...have a good day dear
Answer:
(I) 1. Developed
2. 450
3. RAIGANJ
4. Fixed
(II)1. Palampur can be said as a developed village as it is connected to other villagers it has well developed agriculture and irrigation facilities it has transport system hospitals high school and electricity.
2. farming
3. the large farmers have plenty of money as they take loan from banks and they lend the money two small farmers high interest save the rest of the money for next year to buy capital
4. electricity came first in Palampur due to which the Palampur village became a well developed village and does irrigation is also possible there using several irrigation methods
answer V is in the attachment please refer to it
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