Answer: Question 26. Consequence: The farmers retain a part of the crop for their family consumption and sell the surplus in the market. There are four requirements for production of goods and services: Land, labour, physical capital and human capital. Log in. MCQ Questions for Class 10 Science: ... For production of every enzyme there is a gene. Answer: Describe any three features of small-scale manufacturing as a non-farm activity in Palampur. Raw materials and money in hand are called the working capital. Which state in India has the highest consumption of chemical fertilizers? Punjab, Haryana and Uttar Pradesh are the main regions where Green Revolution was started. 30 seconds . Answer: Continuous use of groundwater for tubewell irrigation has reduced the water table below the ground. Its impact was limited only to few regions as the HYV seeds need higher inputs which only the rich farmers can afford. Save. Briefly explain each factor. Question 5. HOTS 24%. The new technology is early maturing and makes multiple cropping possible. It produces goods and services for self-consumption or to sell in the market. Labour is the next necessary factor for production. (ii) (a) There is the well-developed system of irrigation in Palampur that enables the farmers there to grow three different crops in a year. (ii) (a) Land is a free gift of nature. Farm labourers are generally illiterate and ignorant. (ii) Worldng Capital: Raw materials and money in hand are called Working Capital. What is multiple cropping? Land as a production factor also includes other natural resources like water, forests and minerals found in the earth’s crust. It was brought in India by the initiative of Indian government. Wide variation in the duration of employment was also seen, (any three). They have no permanent jobs. Get Factors of Production, Economics Chapter Notes, Questions & Answers, Video Lessons, Practice Test and more for CBSE Class 10 at TopperLearning. You can study other questions, MCQs, videos and tests for Class 9 on EduRev and even discuss your questions like It produces goods and services for self-consumption or to sell in the market. Poverty and Hunger: Lack of economic opportunities leads to poverty and hunger. Check your understanding of the four factors of production with an interactive quiz and printable worksheet. Social sciences. Economics gives us an idea of how to do it. (i) Cotton, Answer: Every production is organised by combining land, labour, physical capital and human capital, which are known as Factors of Production. Describe the role of the farmers after the crops are harvested and production is complete. Labourers are hired rarely. Give two examples of the working capital. The large farmers generally sell the surplus farm products and have good earnings. The rate of interest on such loans is very high. : Question 10. land, labour, physical capital and human capital. Since Green Revolution introduced new machineries, it led to the replacement of labour, and further leading to unemployment and rural-urban migration. According to Eraser, “Factor of production as a group or class of original productive resources.” The production process of an organization can be efficient, if there is an optimal use of factors. HYV seeds, however, needed plenty. Answer: M.S. Question 2. This led to a class conflict between the rich and the poor farmers. It also encompasses the use of fertilizers and irrigation techniques that increases the production and make countries like India self-sufficient in food grains. Answer: Question 21. They are the starting point of the production process. These are run by electric supply. The first requirement for production is land. (a) Increase in Agricultural Production and Productivity: M.S. They come either from landless families or families cultivating small plots of land. (c) By mid-1970s, the entire area of 200 hectares was irrigated. Factors of Production. Traditional seeds with low yield were used. What capital is needed as first priority to set up a jaggery manufacturing unit? NCERT Solutions for Class 6, 7, 8, 9, 10, 11 and 12, Important Questions for Class 9 Social Science Economics Chapter 1 The Story of Village Palampur. over here on EduRev! So, this technique is mainly used to improve the status of agriculture. Answer: Question 3. Question 46. Answer: Apart from being the largest Class 9 community, EduRev has the largest solved A part of their earnings is saved and kept to arrange for the working capital for farming in the next season. Check your understanding of the economic factors of production with an interactive quiz and printable worksheet. (d) For every molecule of fat there is a gene. Farming. Check the below NCERT MCQ Questions for Class 9 Economics Chapter 1 The Story of Village Palampur with Answers Pdf free download. Drawbacks: Question 18. Answer: Question 42. Answer: Such practices include intensity of cropping, rotation of crops, multiple cropping, fallowing etc. Factors which are used to carry out the process of production are called factors of production. Education and Health: Improvement in education will lead to human capital formation. Better transportation, availability of loan at low interest, availability of markets where goods can be sold are the best way to expand non-farming activities.
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