Question

what is the aim production what do you mean by aim production
give examples of working capital
what are the non farming in palmpur
what is human building
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Answer 1

Explanation:

ANSWER

The aim of production is to produce the goods and services that we want. There are four factors of production:

(i) Land. The first requirement of production is land, and other natural resources such as water, forests, minerals.

(ii) Labour. Labour is the next necessary factor for production. Some production activities require highly educated workers to perform the necessary tasks. Other activities require workers who can do manual work. Each worker provides the labour necessary for production.

(iii) Physical Capital. Physical capital means the variety of inputs required at every stage during production. The following items come under it.

∙ Tools, machines, buildings. Tools and machines range from very simple tools such as a farmer's plough to sophisticated machines such as generators, turbines, computers, etc. Tools, machines, buildings can be used in production over many years, and are called fixed capital.

∙ Raw material and money in hand. Production required a variety of raw materials such as yarn, clay. Also, some money is always required during production to make payments and buy other necessary items. Raw materials and money in hand are known as working capital because they are used up in production.

(iv) Human Capital. The last but not the least is human capital without which we cannot produce best results. In other words, we need knowledge and enterprise to be able to put together the above three requirements of production i.e. land, labour and physical capital and produce an output either to use ourselves or to sell in the market.We define Human-Building Interaction (HBI) as the study of the interface between the occupants and the building's physical space and the objects within it. HBI focuses on system interactions and interconnections with the aim of lowering the building-occupant system's energy use. ... systems and whole populations.Dairy is the main non-farming activity of the people of Palampur. ... Some people are also engaged in small manufacturing units like spinning, weaving, leather making etc. ... Many shopkeepers have set up their own shops selling stationary items, toothpaste, candles etc.

Answer 2

Aim of Production :-The aim of production is to produce the goods and services to generate wealth that we want for ourselves. There are four requirements needed for the production of goods and services which are land, labour, capital and Human Capital or Entrepreneur

Cash, inventory, accounts receivable and cash equivalents are some of the examples of the working capitals.

Dairy is the main non-farming activity of the people of Palampur. Some people are also engaged in small manufacturing units like spinning, weaving, leather making etc. Many shopkeepers have set up their own shops selling stationary items, toothpaste, candles etc.

Human capital: One needs knowledge and enterprise to be able to put together land, labour and physical capital and produce an output; either to use it by oneself or to sell in the market. This is known as human capital, which enables better production with human skill and knowledge.