define the following:
green revolution traditional farming, human capital,working capital
Answers
Green revolution is the term for the change in the Indian farming strategy.
Human capital is defined as the working capital which combine the other resources (i.e. land, labour and physical capital) to make a whatever needed.
Working capital is the term for the no. of people that are working for that particular country.
Hope this helps you!!
Answer:
(1) Green Revolution:-
Green Revolution is the term given to the introduction of high-yielding varieties of seeds and the increased use of fertilizers and irrigation which provided the increase in production needed to make India self-sufficient in food grains, thus improving agriculture in India. It was brought to India by the initiative of Indian government. Genetically modified high-yielding wheat was first introduced to India in 1960 by Dr. Norman Borlaug It is also rightly credited to M. S. Swaminathan and his team who contributed towards the success of green revolution in India.
Rice and wheat were the most benefited crops from Green Revoluti
(2) Traditional Farming:-
Traditional farming is the ancient food production system and the original type of agriculture it is has been practiced for thousands of years.Traditional farming is very similar to organic farming where farmer has a mixed farm of livestock, fruit and crops.
(3) Human Capital:-
Human capital is the stock of habits, knowledge, social and personality attributes embodied in the ability to perform labour so as to produce economic value. Human capital is unique and differs from any other capital. It is needed for companies to achieve goals, develop and remain innovative.
(3) Working Capital:-
the capital of a business which is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities.