Economy, asked by singhikbalbahadur, 11 months ago

Write a story in your own words discribing about how people could become an asset for the economy of village

Answers

Answered by karan87563
0

Hey friend!

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Here is your answer

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# Firstly, what is an asset?

An asset is a valuable thing, person or a quantity.

⇒ People are called as assets due to their knowledge and enterprise.

⇒ People use this knowledge and skills, and help in production.

⇒ Production, in-turn causes economic development of a country.

For better understanding, let us take an example:

In the village Ronakpur, a farmer has a small piece of land. He does not have enough irrigation facilities. He takes a loans from the bank at cheap interest rate and now has enough surplus. If he did not use those irrigation facilities, he wouldn't have produced crops. Obviously, the land cannot grow crops on it's  own. We humans, should implement our skills and thus we are called assets.

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HOPE THIS HELPS YOU

Answered by sumitkumae30
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Explanation:

A village is a part of a world clustered human settlement or community, larger than a hamlet but smaller than a town, with a population ranging from a few hundred to a few thousand. Though villages are often located in rural areas, the term urban village is also applied to certain urban neighborhoods. Villages are normally permanent, with fixed dwellings; however, transient villages can occur. Further, the dwellings of a village are fairly close to one another, not scattered broadly over the landscape, as a dispersed settlement.

The old village of Hollókő, Nógrád, Hungary (UNESCO World Heritage Site)

In the past, villages were a usual form of community for societies that practice subsistence agriculture, and also for some non-agricultural societies. In Great Britain, a hamlet earned the right to be called a village when it built a church.[1] In many cultures, towns and cities were few, with only a small proportion of the population living in them. The Industrial Revolution attracted people in larger numbers to work in mills and factories; the concentration of people caused many villages to grow into towns and cities. This also enabled specialization of labor and crafts, and development of many trades. The trend of urbanization continues, though not always in connection with industrialization.

Although many patterns of village life have existed, the typical village is often small, consisting of perhaps 5 to 30 families. Historically homes were situated together for sociability and defence, and land surrounding the living quarters was farmed. Traditional fishing villages were based on artisan fishing and located adjacent to fishing grounds.

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