Question

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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?​

Answer 1

Answer:-

1. Production is the making or growing of something, especially in large quantities.

2.The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.

3.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.To grow more than one crop on a peice of land during the year is known as multiple cropping.

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. Green revolution is a large increase in crop production in developing countries achieved by the use of artificial fertilizers, pesticides, and high-yield crop varieties. Limitation of the Green Revolution: 1. Green revolutions resulted in loss of soil fertility due to increased use of chemical fertilisers and pesticides. 2. Continuous use of groundwater for tube well irrigation reduced the water-table below the ground.

7.Multiple cropping corresponds to produce more than 1 crop on a piece of land during 1 year. But in the modern farming method, HYV ( high yielding variety) seeds are used for farming with lot of irrigation and chemical fertilizers and pesticides which inturn resulted into high yielding of crops.

8.Yes, it is important to increase the area under irrigation because water is very essential for agriculture.

9.High Yielding Variety Seeds (HYV seeds) are seeds are of better quality than normal quality seeds.

•●○Hope it helped○●•