Contents
There are 60 families of medium and large farmers who cultivate more than two hectares of land. A few large farmers have ten hectares or more. Thus, hypothetical village Palampur is taken to make clear all the concepts related to production. The fourth requirement is knowledge and enterprise to be able to put together land, labour and physical capital and produce an output. The third requirement is physical capital, i.e., variety of inputs required at every stage during production. The second requirement is labour.
If any of the factor is missing, then the cost of production increases, forcing the supplier to charge a higher price to the consumer. Each factor of production is important to produce the best https://1investing.in/ output. If any of the factor is missing, it directly impacts the output. For example, increase in capital requires more entrepreneurship, which necessitates more land and labor for production.
Here you can find the meaning of Which is the most abundant factor of production in India? Defined & explained in the simplest way possible. Besides giving the explanation of Which is the most abundant factor of production in India? Has been provided alongside types of Which is the most abundant factor of production in India? Theory, EduRev gives you an ample number of questions to practice Which is the most abundant factor of production in India? Tests, examples and also practice UPSC tests.
Which is the most abundant factor of production in India? A)Landb)Capitalc)Labourd)Tools and machinesCorrect answer is option ‘C’. For UPSC 2023 is part of UPSC preparation.
Similar UPSC Doubts
The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which is the most abundant factor of production in India? Covers all topics & solutions for UPSC 2023 Exam. Can you explain this answer?.
It is the most common way of increasing production on a given piece of land. The implication of heavy competition for work among the farm labourers in village Palampur is that the people are ready to work for lower wages. Labour is the most abundant factor of production in India and Low skilled Labor in Unorganized sector is highest fraction of that. Production of goods and services is affected by 4 major factors- capital, labour, land, and entrepreneurship.
The Story Of Village Palampur
Unlike tools, machines and buildings, these are used up in production. Q. Modern farming methods require the farmers to start with more cash than before. It is possible to increase capital, whereas land is fixed.
Cultivated land area is _____. Moreover, even the existing land is distributed _______ (equally/unequally) among which is the most abundant factor of production in india the people engaged in farming. To make the maximum use of the existing land, farmers use _____ and _______.
Both these have led to increase in production of crops. Green Revolution was started in the late 1960s in the field of agriculture. Under this revolution, modern methods of farming were adopted to increase agricultural productivity. Modem farming methods require a great deal of_______. Small farmers usually need to borrow money to arrange for the capital, and are put to great distress to repay the loan.
Which is The Most Abundant Factor of Production in India?
They are paid low wages, and lead a difficult life. Solutions for Which is the most abundant factor of production in India? In English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free. In contrast to labour, ________ is a scarce factor of production.
Each worker is providing necessary labour for production. Labour means people who do the work either highly trained and educated or who can do manual work. Welcome to Defence Adda, your one-stop solution to prepare for all Defence Examinations!! Needs to review the security of your connection before proceeding.
- A)Landb)Capitalc)Labourd)Tools and machinesCorrect answer is option ‘C’.
- The most abundant factor of production in India is Labour.
- The implication of heavy competition for work among the farm labourers in village Palampur is that the people are ready to work for lower wages.
- Each worker is providing necessary labour for production.
- Covers all topics & solutions for UPSC 2023 Exam.
- A few large farmers have ten hectares or more.
Labour being the most abundant factor of production, it would be ideal if new ways of farming used much more labour. Unfortunately, such a thing has not happened. The use of labour on farms is limited.
Therefore, capital too is a scarce factor of production, particularly for the small farmers. In Palampur, mostly villagers are engaged in farming activity. Their main occupation is agriculture. The other activities like dairy, transport, etc. are carried out on a limited scale.
NCERT Solutions for Class 9 Social Science Economics Chapter 1 The Story of Village Palampur
Therefore, it is very important that we take good care of land and other natural resources used in farming. Though both land and capital are scarce, there is a basic difference between the two factors of production. Labour which refers to the human input in the process of production is the most abundant factor of production in India. Here you get to know about which is the most abundant factor of production in india? For more details read the full article. Multiple cropping—It refers to growing more than one crop on a piece of land during the year.
Labour is the most abundant factor of production. There are four factors of production, namely, Land, Labour, Capital, and Entrepreneurship. The usage of chemical fertilizers, pesticides, weedicides, decreases the inherent productivity of the soil. Q. The 80 upper caste families owned majority of the land in Palampur.
Q1. What are the four factors of production?
The most abundant factor of production in India is Labour. Labour refers to the people who do the manual work that is mostly unskilled or semi-skilled work. Excessive use of pesticides, insecticides, chemical fertilisers pollute the surface water as well as air. Use of modern methods of farming results in degeneration of soil. Q. What are the different ways of increasing production on the same piece of land?
The labour, looking for opportunities is thus migrating to neighbouring villages, towns and cities. Some labour has entered the non-farm sector in the village. E.g. In India, the first farmers to produce with the help of modern farming methods are of Punjab, Haryana and Western Uttar Pradesh. These farmers use HYV seeds, chemical fertilisers, and fertilisers for higher and better production and tubewells for irrigation. They were rewarded with the increase in per hectare production of wheat from 1300 kg to 3200 kg per hectare.
Modern farming method—It is the method of using HYV seeds, tube wells for irrigation, chemical fertilisers and pesticides for farming. The use of modern machinery like tractors and threshers helps in ploughing and harvesting faster to increase the production. Among the three factors of production, we found that labour is the most abundant factor of production. There are many people who are willing to work as farm labourers in the villages, whereas the Opportunities of work are limited. They belong to either landless families or ____.