NCERT Class 9 Economics Chapter 1: Story of Village Palampur YouTube Lecture Handouts
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NCERT Class 9 Economics Chapter 1: Story of Village Palampur
NCERT Class 9 Economics
Chapter 1: Story of Village Palampur
Theme is Production
- Resources combine to produce goods & services
- Palampur β Well Connected β to Raiganj & Shahpur
- 450 families β 80 (upper caste β large house - Pucca) , 1β3rd (SC β small house in corner β mud & straw)
- Has electricity connection
- 2 Schools
- Hospital β 1 PHC (Govt) & 1 Private
Production β Fundamentals
- Production β Farming or Non-Farming
- Aim β To get goods & services
- 4 Factors of Production
- Land
- Labor β Manual & educated
- Physical Capital
- Fixed β Use for many years β Tools, Machines, Buildings
- Working β Raw Material & Money β Used up in process
- Human Capital β Knowledge & Enterprise
Land
- Fixed & Scarce β 75% in Farming β No Expansion; Wasteland to Cultivable Land
- 1 hectare = 100 sq. meter, also in bigha, guintha
- Grow More β Rainy Season β Jowar & bajra β Kharif; Winter β rabi β Wheat β Sowed; Oct-Dec - Potato (3 Crops due to Irrigation β Persian Wheel, Tubewells) β MULTIPLE CROPPING β HYV seeds, fertilizers & pesticides; traditional farming β cow dung as manure
- Land β Sustain: Deplete water table; chemical fertilizers harm fauna; highest consumption of chemical fertilizer in Punjab
- Land Distribution: Small scattered plots
Labour
- Abundant
- Hard Work & Manual Input
- Tractors for Ploughing
- Harvesters for Harvesting
- Threshers for Threshing
- Wages β Cash/Kind/Meals
- Problem with landless farm labourer β Employment (Daily/Seasonal)
Physical Capital
- Small farmers - Borrow money from large farmers/moneylenders/traders β High rate of interest β 80% of total farmers
- Medium & Large farmers β Have savings
- Sell surplus produce β Either repay loan or add saving (buy equipmentΥs for farm/cattle/non-farm activity - fixed capital)
Non-Farm Activity β Only 24% in Villages
- Dairy β feed buffalo with grass, jowar or bajra
- Small Scale manufacturing β Simple equipments β at home, family labour, rarely hire labourers
- Trade β Shopkeepers
- Transport Services
β Manishika