what is Kishore fixed capital Related: Glossary and Important Informa...
Kishore fixed capital in The Story of Village Palampur refers to the investment made by Kishore, a farmer in the village, in the form of fixed assets that are used for production purposes over a long period of time. These assets do not get consumed during the production process and can be used repeatedly.
Investment in Fixed Assets
Kishore's fixed capital includes the investment he made in fixed assets such as land, machinery, tools and equipment that are used for farming purposes. These assets have a long life-span and are used for the production of crops year after year.
Contribution to Production
Kishore's fixed capital contributes to the production of crops in the village. The land, machinery, and tools he owns are used to till the soil, plant the seeds, irrigate the land, and harvest the crops. This increases the productivity of the village and contributes to the overall economic development.
Source of Income
Kishore's fixed capital is also a source of income for him. He earns income from the crops he produces on his land and sells in the market. The machinery and tools he owns also provide additional income as he rents them out to other farmers in the village who cannot afford to buy their own.
Importance of Fixed Capital
Fixed capital is essential for the development of any economy as it contributes to the production of goods and services. In the case of Palampur, Kishore's fixed capital plays a significant role in the production of crops and the overall economic development of the village.
In conclusion, Kishore's fixed capital in The Story of Village Palampur refers to the investment he made in fixed assets that are used for production purposes over a long period of time. This investment contributes to the production of crops, provides a source of income, and is essential for the economic development of the village.
what is Kishore fixed capital Related: Glossary and Important Informa...
Kishora fixed capital was the bullock which was the only thing through which he attached the cart to it and then used to go into the bullock cart for transporting one thing of the another and was able to earn more money than what he used to earlier
as a farm labourer.
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