what is the fast developing sector in palampur
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This is a hypothetical village
-Farming is the main production activity
-Dairy, transport, small scale manufacturing are a few other activities
- Well connected with neighbouring villages and towns like Raiganj and Shahpur
-Bullock carts, tongas, bogeys, motorcycles, jeeps, tractors, trucks, can be seen on the ‘All Weather road’.
-Village has about 450 families of several different castes. Out of them 80 are upper caste who live in big & cemented houses and one third are SC who live in small houses in one corner of the village.
-Most houses have electric connection.
-Village has two primary schools and one high school,
-A primary health centre run by government and one private dispensary.
AIM OF PRODUCTION- To produce goods and services that we require and want.
Organization of Production (Factors / Requirements of Production)
Land and other natural resources such as water, forests, minerals etc.
Labour-some production activities require highly educated workers and others require workers who can do manual work. Each worker is providing the labour necessary for production.
Physical Capital- i.e. variety of inputs required at every stage during production
· Fixed Capital-tools, machines and buildings which can be used over many years like generators, tractors, computer etc.
· Working Capital- raw material and money in hand which are used up in production.
Human Capital- knowledge and enterprise to put together land, labour and physical capital and produce an output.
Every production is organized by combining land, labour, physical capital, which are known asFactors of Production.
-Farming is the main production activity
-Dairy, transport, small scale manufacturing are a few other activities
- Well connected with neighbouring villages and towns like Raiganj and Shahpur
-Bullock carts, tongas, bogeys, motorcycles, jeeps, tractors, trucks, can be seen on the ‘All Weather road’.
-Village has about 450 families of several different castes. Out of them 80 are upper caste who live in big & cemented houses and one third are SC who live in small houses in one corner of the village.
-Most houses have electric connection.
-Village has two primary schools and one high school,
-A primary health centre run by government and one private dispensary.
AIM OF PRODUCTION- To produce goods and services that we require and want.
Organization of Production (Factors / Requirements of Production)
Land and other natural resources such as water, forests, minerals etc.
Labour-some production activities require highly educated workers and others require workers who can do manual work. Each worker is providing the labour necessary for production.
Physical Capital- i.e. variety of inputs required at every stage during production
· Fixed Capital-tools, machines and buildings which can be used over many years like generators, tractors, computer etc.
· Working Capital- raw material and money in hand which are used up in production.
Human Capital- knowledge and enterprise to put together land, labour and physical capital and produce an output.
Every production is organized by combining land, labour, physical capital, which are known asFactors of Production.
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Heya
Here is your answer
Transport is the fast developing sector in palampur
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