Class 9 Exam > Class 9 Notes > Social Studies (SST) Class 9 > Glossary and Important Points: The Story of Village Palampur
Glossary and Important Points: The Story of Village Palampur | Social Studies (SST) Class 9 PDF Download
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: 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.
Question for Glossary and Important Points: The Story of Village PalampurTry yourself: What is land in the context of production?View Solution
- Following are the major factors of productions:
(i) Land
(ii) Labor
(iii) Capital
(iv) Enterprise
- 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.
- 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.
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FAQs on Glossary and Important Points: The Story of Village Palampur - Social Studies (SST) Class 9
| 1. What is the story of Village Palampur? |  |
Ans. Village Palampur is a hypothetical village in India that is used as a case study to understand the various aspects of the rural economy. The story of Village Palampur highlights the economic activities of the villagers, such as agriculture, livestock rearing, and non-farm activities. It also emphasizes the role of infrastructure, institutions, and technology in the rural economy.
| 2. What are the important points to be noted from the story of Village Palampur? | |
Ans. The important points to be noted from the story of Village Palampur are:
1. Agriculture is the main source of livelihood for the majority of the villagers.
2. The village has electricity, roads, and other basic infrastructure facilities.
3. The village has various institutions such as schools, banks, and cooperative societies.
4. The village has adopted modern farming techniques, such as the use of fertilizers and high-yielding varieties of seeds.
5. The village has diversified its economy by engaging in non-farm activities such as dairy farming, small-scale industries, and transportation.
| 3. What are the different factors that affect the rural economy of Village Palampur? | |
Ans. The different factors that affect the rural economy of Village Palampur are:
1. Land: The majority of the villagers depend on agriculture for their livelihood, and the availability of land and its quality affect their productivity and income.
2. Labour: The availability and quality of labour is an important factor that affects the productivity and income of the villagers.
3. Capital: The availability of capital, both in terms of finance and technology, is crucial for the adoption of modern farming techniques and non-farm activities.
4. Infrastructure: The availability of basic infrastructure such as roads, electricity, and water affects the productivity and income of the villagers.
5. Institutions: The presence of institutions such as banks, cooperatives, and markets affects the access of the villagers to credit, inputs, and markets.
| 4. What are the challenges faced by the rural economy of Village Palampur? | |
Ans. The challenges faced by the rural economy of Village Palampur are:
1. Dependence on agriculture: The rural economy of Village Palampur is highly dependent on agriculture, and any natural calamity or market fluctuations affect the income of the villagers.
2. Lack of irrigation facilities: The village is dependent on rainfall for irrigation, and the lack of irrigation facilities affects the productivity of the crops.
3. Limited access to credit: The villagers have limited access to credit, and the high-interest rates charged by moneylenders affect their income and savings.
4. Lack of infrastructure: The lack of basic infrastructure such as roads, electricity, and water affects the productivity and income of the villagers.
5. Dependence on middlemen: The villagers are dependent on middlemen for selling their produce, and the high commission charged by them affects their income.
| 5. How can the rural economy of Village Palampur be improved? | |
Ans. The rural economy of Village Palampur can be improved by:
1. Diversifying the economy: The village can diversify its economy by engaging in non-farm activities such as dairy farming, small-scale industries, and transportation.
2. Providing irrigation facilities: The village can invest in irrigation facilities to reduce its dependence on rainfall for irrigation.
3. Promoting access to credit: The village can promote access to credit by setting up cooperative societies and providing low-interest loans to the villagers.
4. Improving infrastructure: The village can improve its infrastructure by building better roads, providing electricity, and ensuring the availability of clean water.
5. Eliminating middlemen: The village can eliminate middlemen by setting up direct markets, providing training to the villagers on marketing, and ensuring fair prices for their produce.
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