Class: 9th A Roll no: 36 THE STORY OF VILLAGE PALAMPUR
FLOWCHART
1. INTRODUCTION 2. THE PALAMPUR VILLAGE 3. ORGANISATION OF PRODUCTIONS – a. Land b. Labour c. Physical capital – fixed and working capital d. Human capital
FARMING IN PALAMPUR (FARMING ACTIVITIES)
1. Land is fixed 2. Is there a way one can grow more some land 3. Will the land sustain? 4. How is land distributed between farmers of Palampur 5. Who will provide the labour? 6. The capital needed in farming 7. Sale of surplus farm products.
NON – FARMING ACTIVITES
1. Dairy-the other common activity 2. Small scale manufacturing 3. The shopkeepers 4. Transport ORGANISATION OF PRODUCTION
1. The goal of the organization is to produce goods and
services. Land, Labour and capital are required for production. Natural resources fulfilled the requirements of land and water. For labour intensive industry, labour is required and for financial aid, capital is required.
Physical capitals are also required for production.
Working capital includes Raw materials and money in hand and Fixed Capital includes tools, machines, buildings. Human Capital means that labour is also required for the selling purpose.