Economy, asked by Madhavvvv, 9 months ago

write a long note on different occupations in village Palampur class 9th economics​

Answers

Answered by sauravh
0

The Palampur village has around 450 families which belong to different caste and creeds. The main activity of Palampur is farming and 80 families of the upper caste own the majority of land in Palampur. There are other activities in the Palampur like dairy, transport, small-scale manufacturing, etc which also helps run the economy in the Palampur.

The neighboring towns of the village are well connected and all-weather roads are also well connected. There are options for transportation which are available like tongas, bogeys, jeeps, bullock carts, tractors, etc.

Many of the houses in the village are well equipped with electricity. Electricity is also responsible for the tube wells in the fields. Many small businesses also use electricity for their daily purposes. For education, Palampur has two primary schools and 1 high school. Besides this, there is also a primary health care center which is run by the government and also 1 private dispensary.

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.

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