(Very Short Answer type questions, 1 Mark each) What are the main economic activities in Palampur? Which states of India were first to use the modern methods of agriculture? What are the different crops grown in different seasons? Write a note on green revolution. Describe the factors of production in detail. Differentiate between Physical Capital and Human Capital Differentiate between Fixed Capital and Working Capital Why are the small farmers caught in a debt trap? What is the difference between multiple cropping and modern farming methods? The modern methods of farming have overused the natural resources. Discuss. What are the different methods of increasing production on the same piece of land? Why do small and medium farmers require capital? How do they meet their capital requirements? Discuss the non-farm activities in Palampur.
Answers
* Farming is the main activity in Palampur, whereas several other activities such as small scale manufacturing, dairy, transport, etc. are carried out on a limited scale.
Answer:
1) Answer: Farming is the main economic activity in Palampur. Answer: FARMING,SMALL MANUFACTURING,SHOP KEEPING,DAIRY ETC.
2) Punjab, Haryana and Western Uttar Pradesh were the first to try out modern farming method in India. Modern farming is used to increase the production and less chemical fertilizer is used.
3) Kharif Crops Rabi Crops
Sowing of seeds begins in the rainy season around July Rabi seeds are sown at the beginning of autumn in November or December
Harvesting is done in September – October Harvesting happens in June – July
Examples: Rice, Maize, Bajra etc Examples: Wheat, Mustard, Peas etc
4)Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services. ... The second factor of production is labor.
5) Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production. Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.
6) The primary difference between fixed capital and working capital is that Fixed Capital is the capital which is invested by the company in procuring the fixed assets required for the working of the business whereas working capital is the capital which is required by the company for the purpose of financing its day to ...
7) Because small are not able to grow much surplus grain . sometime because of weather conditions there crops ruined due to which they have to take lones,the rate of interest on such lones are very high due to which small farmers caught in debt .
8) Difference between Multiple Cropping and Modern Farming: Multiple Cropping: ... It includes growing more than one crop on a piece of land during the same year. This method involves using of traditional seeds that requires less irrigation, wooden tools and equipments, ancient machinery, etc.
9) Multiple cropping and use of modern farming methods are two different ways of increasing production on the same piece of land. e.g., (i) Multiple Cropping When more than one crop is grown on a piece of land during the year it is known as multiple cropping.
10) The medium and large farmers have their own savings from farming. They are thus able to arrange for the capital needed. (ii) In contrast, the small farmers have to borrow money to arrange for the capital.
11) The non-farm activities of Palampur are dairy, small scale manufacturing and transport. Nearly 25% of the people enegaged in non-farm activities.
Explanation:
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