Bruh Flashcards
What is the purpose of the story of Palampur?
To introduce basic concepts relating to production.
The purpose of the story is to introduce some basic concepts relating to production.
What is the main activity in Palampur?
Farming.
Farming is the main activity in Palampur.
What are some other activities carried out in Palampur?
Small Scale manufacturing, dairy, transport, etc.
Several other activities such as Small Scale manufacturing, dairy, transport, etc. are carried out on a limited scale in Palampur.
What kind of road connects Palampur to Raiganj?
An all-weather road.
An all-weather road connects the village of Palampur to Raiganj.
How many families are there in Palampur?
About 450 families.
Palampur has about 450 families belonging to several different castes.
How many families in Palampur own the majority of land?
80 upper caste families.
80 caste families in Palampur own the majority of land.
What type of houses do the upper caste families in Palampur have?
Brick houses with cement plastering.
The houses of the upper caste families in Palampur are made of brick with cement plastering.
What facilities does Palampur have?
Well-developed system of roads, transport, electricity, irrigation, schools, and health center.
Palampur has a fairly well-developed system of roads, transport, electricity, irrigation, schools, and health center.
What are the main production activities in villages across India?
Farming.
In villages across India, farming is the main production activity.
What is the first requirement for production?
The first requirement is land, and other natural resources such as water, forests, minerals.
Example sentence: Land and minerals are essential for production.
What is the second requirement for production?
The second requirement is labour, i.e. people who will do the work.
Example sentence: Skilled workers are needed for certain production activities.
What is the third requirement for production?
The third requirement is physical capital, i.e. the variety of inputs required at every stage during production.
Items under physical capital include tools, machines, buildings, raw materials, and money in hand.
What is the fourth requirement for production?
The fourth requirement is knowledge and enterprise to combine land, labour, and physical capital and produce an output.
Example sentence: Human capital is essential for successful production.
What are factors of production?
Factors of production include land, labour, physical capital, and human capital.
Example sentence: Factors of production are necessary for organizing production activities.
What is the main production activity in Palampur?
Farming is the main production activity in Palampur, with 75% of the people dependent on farming for their livelihood.
Example sentence: Farming plays a crucial role in the economy of Palampur.
