Answer: Question 15. Answer: Question 4. All these were readily available with the farmers who did not have to buy them. What are the factors of production? What is Green Revolution? Answers of Explain the main factors of production? SCs live in one corner of the village and in much smaller houses. Answer: Market. Answer: agree to the. Answer: Which is the most abundant factor of production? This practice test is for reviewing on your economics knowledge. They come either from landless families or families cultivating small plots of land. Define the meaning and aim of production. Question 9. The soil is losing fertility due to increased use of chemical fertilizers. October to December. Question 16. What are kharif crops? Economics gives us an idea of how to do it. A part of their earnings is saved and kept to arrange for the working capital for farming in the next season. Answer: Question 10. Answer: Question 32. Answer: Question 8. Explain. Answer: Give an example. Answer: Question 13. over here on EduRev! Question 11. ; There are 4 factors/requirements for the production … The working capital. If the answer is not available please wait for a while and a community member will probably answer this They are land and labour, as capital is created by the application of labour on land and an entrepreneur is the human resource who performs and controls the business. Answer: Edit. (c) We have to see that the Modern Farming Methods are used scientifically in such a way that the natural resource base that the land provides is saved from further damage. Answer: The crops which are grown in the rainy season i.e., June or July and harvested in October or November. Answers to Economics Multiple Choice Questions are available at the end of the last question. The PDFs we provide are according to the latest standards of the CBSE Board. SA is not developed – we are an emerging, middle income country with high poverty levels. Give advantages and disadvantages of the Green Revolution. (i) Economic Effects: Q. whats the four factors of production? Question 20. What is land? Land as a production factor also includes other natural resources like water, forests and minerals found in the earth’s crust. (d) Some farming practices can, if used carefully and judiciously, certainly help in making land sustainable. M.S. Traditional seeds produce less output per hectare. Answer: (i) HYV seeds produce more output per hectare. What are its different types? Or (i) The farmers in Palampur grow jowar and bajra during the rainy season, potato between October and December and wheat in the winter season. Mention any two non-farm activities. Mention any two natural factors of production. Question 1 . It has increased the production on the same pieces of land which produces large quantities of food grains than it was produced earlier. Check the below NCERT MCQ Questions for Class 9 Economics Chapter 1 The Story of Village Palampur with Answers Pdf free download. At present, what is the percentage of the people who are engaged in the rural areas in non-farming activities in India? The Questions and In traditional method, the farmers use cow-dung as natural fertilizer, which they do not need to buy while chemical fertilizers need more cash to buy from the market. Farm labourers are generally illiterate and ignorant. Farmers of which two states were the first to use modem farming methods in India? Answer: Explain. (iii) Physical Capital: The third requirement is physical capital, comprising various inputs required during production. You can study other questions, MCQs, videos and tests for Class 9 on EduRev and even discuss your questions like Other. Some money is always required during production to make payments and buy other necessary items. Let us take a closer look at the chapters of the NCERT textbook Class 9 Social Science Economics and understand what each of them has to offer. Education and Health: Improvement in education will lead to human capital formation. “Most of our villages have good infrastructure.” Justify. Answer: Question 14. Crop produced on a given piece of land during a single season. The small and marginal farmers were deprived of enjoying the gains of new technology. How do small farmers obtain capital for farming? Dr. Norman Borlaug brought high yielding wheat in India. Difference between Green Revolution and Traditional Farming: Green Revolution refers to the use of artificial fertilizers, technology, high yielding variety seeds which are genetically engineered. They are poor and helpless. In which period is the cultivation of potato done? What problems do farm labourers face in terms of unemployment? Answer: So, they require the farmer to start with more cash than before. Most of the small farmers borrow money from the moneylenders or traders to arrange the capital. The first requirement for production is land. over here on EduRev! So, it is difficult for them to bargain with the landowners and secure good wages. Farming. Traditional seeds with low yield were used. Name any two states which benefited from the Green Revolution. We must avoid pollution of land. It also encompasses the use of fertilizers and irrigation techniques that increases the production and make countries like India self-sufficient in foodgrains. Suggest any three ways to sustain land. Answer: Answer: Question 3. SURVEY . You can attempt it as often as you like. Answer: Expansion of Market: To increase non-farming activities, rural markets should be linked to urban markets. Pulses – 18 MT, Wheat – 86 MT. Aim: The aim of production is to produce the goods and services that we want. Mention any four characteristics of an entrepreneur or human capital as a factor of production. whats the four factors of production? (b) Employment: The new agricultural technology has created more amounts of employment opportunities in the agricultural sector. Farmers in Palampur mainly grow jowar and bajra which are used as cattle feed. Secondary School. Drawbacks: Question 18. _____ shows the overall output generated at a given level of input: M.S. Answer: Question 8. How do large farmers utilise surplus farm products to arrange for the capital needed for farming? (i) Cotton, Answer: Question 42. Question 46. Physical captial includes tools, machines can be used over the years while human capital can produce output only it they have experience. Primary activity. What is its consequence? For example, rice. Answer: Question 5. It is expressed as Q x = F(L,K). Question 14. People migrate from one region to another: Question 1. Question 48. Production requires a variety of raw material such as yarn used by the weaver and clay used by the potter. K - University grade. Explain. MCQ Questions for Class 10 Science: Ch 9 Heredity and Evolution. It was brought in India by the I initiative of Indian government. (d) It has played a very important role in food security. Check your understanding of the economic factors of production with an interactive quiz and printable worksheet. Answer: Briefly explain each factor. 1. Dec 23,2020 - Explain the main factors of production? It is of two types, i.e., fixed and working capital. Its major impact was to transform the system of irrigation in the village. The factors of production which are used up in the production process are known as working capital. Answer: Question 35. Mention any two factors responsible for the low yield of foodgrains in India. ‘Capital is a basic need in agriculture.’ How is it arranged by Indian farmers? Manufacturing activities are carried out mostly at home or in the fields with the help of family labour. Human capital can be built only in the long run through education and training. Apart from being the largest Class 9 community, EduRev has the largest solved Question bank for Class 9. Green Revolution involves the introduction of high yielding varieties of seeds. (b) It increases foodgrain production in the country. (b) Regional Inequality: The new technology was successfully implemented in the wheat-producing belt of the country whereas the rice producing zones were not at all affected by this Green Revolution. Also explore over 3 similar quizzes in this category. Green Revolution involves the introduction of high yielding varieties of seeds. Explain by giving examples. Question 11. Describe any three sources of irrigation in Palampur. Raw materials and money in hand are called the working capital. Name any two methods to increase production in agriculture. For example, wheat. Modem farming methods need inputs like chemical fertilizers, pesticides, tractors etc. Why do modern farming methods require more capital? How many crops are grown by the farmers in Palampur? HYV seeds, however, needed plenty. Answer: Question 22. (c) It brought the Green Revolution in the 1960s which resulted in high increase in the production of cereal grains, particularly, wheat and rice. Question 2. Land, forests, water, minerals etc. Production is the creation of value in a commodity. (i) Fixed Capital: It can be used in production over many years. October-November and harvested mainly in March-April. (any two). Answer: 2.Different Periods in Production Traditional farming emphasises on the use of natural seeds and fertilizers. Who provides capital to the small farmers at high rate of interest? Question 12. Infrastructure: Infrastructure includes building of roads, establishing of banks and improving communication. Question 1. Differences: Question 17. 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