INDIVIDUAL ACTIVITY OF ECONOMIC

Term – 1 (2020-21)
TOPIC : THE STORY OF VILLAGE PALAMPUR
FLOW CHART

The story of village palampur

 Overview
 It is a hypothetical village
 Main activity is farming
 Activities such as small scale manufacturing, dairy, transport,
etc, are carried out on a limited scale
 Production activities need various types of resources
 Natural resources
 Man made items
 Human efforts
 Money
Introduction

 Well connected with neighbouring villages and towns

 This village has about 450 families belonging to several
different castes
 80 upper caste families in majority and have houses made up
of brick with cemented plastering
 The SCs (Dalits) comprises one third of the population and
lives in one corner of thr village in houses made up of mud
and straw
 It has two primary schools, one high school, primary health
centres run by the government and one private dispensary
wher the sick are treated
 It has well-developed systems of road, transport, irrigation,
electricity, schools and health care centre
Factors of production.

Land Human
capital

Labour Physical
Capitals

Fixed capitals
capital requirements

Working
capitals

Large and
Save money medium
farmers
 Small
Borrow money farmers
and
landless
labourers

Land distribution

Large farmers,
Medium farmers,
Small farmers,
Labourers(landless)

Farming activities

Multiple cropping
 Modern methods

 HYV Seeds,  Irrigation

 Fertilizers,  Dams
 Pesticides,  Canals
 Farm machinery  Pump sets

Non-farming activities

Shops ,
 Services
 Teaching Manufacturing units ,
 Doctors
Pot making.