To Compare A Village Palampur With Any Imaginary Or Real Village Under Following
Land
Labour
Capital
Human Resource
Population
Answers
Answer:
The Story of Village Palampur
The purpose of this story is to introduce the basic concepts related to production and this is done through a hypothetical village called Palampur. Firstly, we will start with an introduction to the village and will cover the main details and various data about the village. Then, we will explain different production concepts using the examples from the villages and then how farming is done in this village.
Explanation:
Production Stages
As it is mentioned above, the main purpose that we have to discuss in this chapter is the various concepts that the village uses for production. For the production of services and goods of any type, there are four factors that are used in the production. They are land, capital, labor, and enterprise. Out of these four factors, the first and the most important factor is land.
Land includes other natural resources like forests, minerals, and water. These natural resources are the most important factor in production. Second is the requirement of labor. There are many production and manufacturing activities which require highly educated workers while other activities require manual labor.
The third is the requirement of physical capital. This includes the inputs that are required at every step of production. The inputs are machines, tools, buildings, which can be used for the production for many years and are also called fixed capital. While money in hand and materials are called working capital. The fourth and final requirement is the enterprise.
To put all the land, labor, and physical capital together one needs to have knowledge and enterprise. Then only finally you will get output. These days this final factor is also called as human capital. Thus, for the production, each and every factor above is very important.
Farming in the Village
Farming is the most important activity in Palampur. Almost 75 percent of the working population is involved in farming activities. The story of village Palampur is incomplete without the farming activities. One important to notice in the village is that for a long time there has been an increase in the land area which is under cultivation.
Many wastelands were converted to cultivable land but there exists no further scope to increase this land under cultivation. Thus, as a measure, the people in the village have started cultivating more crops on the same land. All the cultivable is used throughout the year.
No land is idle in Palampur. During winter or Rabi season, people grow wheat and sugarcane. While during Kharif season people grow bajra and jowar. Between the months of October and December, people cultivate potatoes. The main reasons as to why farmers are able to grow multiple crops throughout the year are:
Due to the availability of electricity in the village, the irrigation system has been vastly improved.
The lands on which irrigation is been done has improved efficiency.
Due to multiple cropping, farmers are able to grow more than one crop per year.
Now, all the farmers in the village grow at least two crops using the same land every year.
Initially, tube wells were introduced by the government, but now people have been setting up their own tube wells.
Modern farming methods have contributed to a larger yield of crops.
This higher yield is possible only due to a combination of irrigation, HYY seeds, pesticides, chemical fertilizers, etc