"The people of palampur practice different kinds of non-farm activists" - Explain the statement.
Answers
Answer:
people practice different kinds of non farm activities means that people who did not doing any farm they were doing others works like construction, vegetables vendor, shopkeeper,barber, electricians,etc
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Answer:
Increasing non farming production activity.
1) Setup of industries in village would give rise to that.
2) Non farming activity requires capital. Loan availability at low interest rate would help.
3)Market is also a great help. If market will be there than the goods can be buyer easily so market would provide a great help.
4) More better and good transport facilities would help in sending and getting raw materials to city.
Characteristics of capital as a factor of production:-
1) For this ownership can be different from its uses.
2) It should be showed as saving.
3) It gives an income in different way.
4) Should be maintained nicely
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