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Which is the most important factor for production? (palampur village)?
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Which is the most important factor for production? (palampur village)?
1. Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output). 2. The most important forms of production are:market productionpublic productionhousehold production3. Market production is the only production form which creates and distributes incomes to stakeholders.4. Maximizing the real incomeMaximizing the producer incomeMaximizing the owner income.5. They are improving quality-price-ratio of goods and services and increasing incomes from growing and more efficient market production.
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Read the text given below and answer the following questions:Palampur is well-connected with neighbouring villages and towns. Raiganj, a big village, is 3 kms from Palampur. An all-weather road connects the village to Raiganj and further on to the nearest small town of Shahpur. This village has about 450 families belonging to several different castes. The 80 upper caste families own the majority of land in the village. Their houses, some of them quite large, are made of brick with cement plastering. The SCs (dalits) comprise one third of the population and live in one corner of the village and in much smaller houses some of which are of mud and straw. Most of the houses have electric connections. Electricity powers all the tube wells in the fields and is used in various types of small business. Palampur has two primary schools and one high school. There is a primary health centre run by the government and one private dispensary where the sick are treated. The story of Palampur, an imaginary village, will take us through the different types of production activities in the village. In villages across India, farming is the main production activity. The other production activities, referred to as non- farm activities include small manufacturing, transport, shop-keeping, etc. Every production is organised by combining land, labour, physical capital and human capital, which are known as factors of production.Q. The variety of inputs required at every stage during production is known as_________.

Read the text given below and answer the following questions:Palampur is well-connected with neighbouring villages and towns. Raiganj, a big village, is 3 kms from Palampur. An all-weather road connects the village to Raiganj and further on to the nearest small town of Shahpur. This village has about 450 families belonging to several different castes. The 80 upper caste families own the majority of land in the village. Their houses, some of them quite large, are made of brick with cement plastering. The SCs (dalits) comprise one third of the population and live in one corner of the village and in much smaller houses some of which are of mud and straw. Most of the houses have electric connections. Electricity powers all the tube wells in the fields and is used in various types of small business. Palampur has two primary schools and one high school. There is a primary health centre run by the government and one private dispensary where the sick are treated. The story of Palampur, an imaginary village, will take us through the different types of production activities in the village. In villages across India, farming is the main production activity. The other production activities, referred to as non- farm activities include small manufacturing, transport, shop-keeping, etc. Every production is organised by combining land, labour, physical capital and human capital, which are known as factors of production.Q. Which of the following statement is true with respect to Palampur

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Which is the most important factor for production? (palampur village)?
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Which is the most important factor for production? (palampur village)? for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Which is the most important factor for production? (palampur village)? covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which is the most important factor for production? (palampur village)?.
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