Economy, asked by ishusinghraghuvanshi, 10 months ago

What do you mean by surplus production of grains? I need long answer

Answers

Answered by Nupur7004906454
2

It means the production of grains in a very huge amount,i.e. more than the requirement.

Surplus amount of food grains can be sold in the market to earn profit.

Answered by nancywalia17
1

Answer:

Surplus is the excessive amount of production produced by the farmers. Farmer’s excessive production is sold in the market and the profit is gained. This profit is called surplus.

The farmers use the surplus as capital for the next harvest. Small farmers such as Gobind’s son and Savita are poor and have little surplus wheat. They kept most of the share for their own family needs. Big farmers such as Tejpal Singh have a surplus and sell the surplus wheat in the market. A part of their earnings is saved in the bank and used for buying farm machines.

Explanation:

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