Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9

Class 9: Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9

The document Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9 is a part of the Class 9 Course Social Studies (SST) Class 9.
All you need of Class 9 at this link: Class 9

Glossary and Important Points

  • Land: It is a factor of production that is used for cultivation or construction.
  • Labour: Labour is another important factor in production. It means human exertion.
  • Capital: It is wealth other than land which is used for the production of wealth.
  • Production Process: Organizing and utilizing the factors of production for the production of goods and services is known as the production process.
    Production Process

    Production Process

  • Production: Production is the creation of value in a commodity.
    Example: manufacturing of a car from steel.
  • Working Capital: These include the factors of production which are used in production. Raw materials and money in hand are called working capitals.
  • Fixed Capital: Tools, machines, buildings can be used in production over many years. These factors of production are called fixed capital.
  • Factors of Production: The essential elements which cooperate with one another in the process of production.
    Following are the major factors of productions:
    (i) Land    
    (ii) Labor  
    (iii) Capital      
    (iv) Enterprise

Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9

  • Human Capital: It is the most important factor of production which put together with land labour and physical capital and produces an output either to use for self-consumption or to sell in a market.
  • Multiple Cropping: To grow more than one crop on a piece of land during the year is known as multiple cropping.
  • Yield: It is measured as a crop produced on a given piece of land during a single season.
  • Non-Farm Activity: It refers to the activities in a village other than farming. This includes activities like manufacturing, transportation, shop-keeping, etc.

Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9


  • Green Revolution: The large increase in agriculture production after 1976 due to the adoption of the new Agricultural strategy which implied a simultaneous use of better and modern agriculture inputs.

Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9

The document Glossary and Important Points: The Story of Village Palampur Notes | Study Social Studies (SST) Class 9 - Class 9 is a part of the Class 9 Course Social Studies (SST) Class 9.
All you need of Class 9 at this link: Class 9

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