Answer: Question 8. Answer: Answer: Question 25. (b) Soil is a vital part of land and the basis of agricultural activities. It is used by rich farmers as it requires more inputs. Question 24. Extramarks offers online study material for ICSE class 10 Factors of Production chapter. HOTS What are the factors of production? Pulses – 18 MT, Wheat – 86 MT. Market. Factors of production are the inputs available to supply goods and services in an economy. Problems of Farm Labourers: Question 9. Which one is the most important? What factors have led to the reduction of water level in Palampur? We have Provided The Story of Village Palampur Class 9 Economics MCQs Questions with Answers to help students understand the concept very well. HYV seeds need assured means of irrigation which were available only in northern parts of India. From 4 factors of production worksheets to four factors of production videos, quickly find teacher-reviewed educational resources. Farmers in Palampur mainly grow jowar and bajra which are used as cattle feed. How do large farmers utilise surplus farm products to arrange for the capital needed for farming? The moneylenders and traders charge a high rate of interest from the farmers. Log in. Expansion of Market: To increase non-farming activities, rural markets should be linked to urban markets. This implies that the factors of production should be used in combination, so that the production … Give two reasons. Primary activity. Question 13. (ii) Labour: The second requirement is labour, i.e., people who will do the work. Answer: Question 10. Answer: Explore more at BYJU'S We must avoid pollution of land. Answer: Answer: (any two). What is the basic constraint in raising farm production? The crops which are grown in the winter season i.e., November or December and harvested in summer i.e., April or May. Explain the basic requirements for the production of goods and services. Farm machinery such as tractors, threshers, etc. Why do modern farming methods require more capital? Give advantages and disadvantages of the Green Revolution. Answer: Question 11. IGCSE Grade 9 and Grade 10 Economics Study notes, Revision Notes, Question Papers, Past Papers, Syllabus to get distinction in Economics exam The big farmers make big earnings by selling main crops in the market. The small and marginal farmers were deprived of enjoying the gains of new technology. It is expressed as Q x = F(L,K). Traditional farming emphasises on the use of natural seeds and fertilizers. Answer: Log in. So, this technique is mainly used to improve the status of agriculture. How is Green Revolution different from traditional farming? land, labour, physical capital and human capital. Explain the meaning of ‘Physical Capital’. It produces goods and services for self-consumption or to sell in the market. Question 15. Production is the creation of value in a commodity, e.g., manufacturing of a car from steel. 1.9 Globalisation - questions ; Print View ; Factors of production - self-test. 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. Explain its drawbacks. Production and Costs Important Questions for Class 12 Economics Concept of Production Function. Question 3. So, it becomes necessary that we should use bio-compost and eco-friendly methods in place of using chemical fertilizers and pesticides. The first requirement is land. The clay used by a potter is an example of which type of capital? (ii) Machine. Answer: Describe any three features of small-scale manufacturing as a non-farm activity in Palampur. October to December. This could be another sustaining land productivity. Question 31. Question 28. A part of their earnings is used to increase their fixed capital like tractor, thresher, cattle etc. (i) Cotton, There are four factors of production i.e. (i) Land is the basic natural, resource required as a factor or an input in any production activity. Most of the Indian villages have primary schools, health centers etc. The factors of production which are used up in the production process are known as working capital. Secondary School. Check your understanding of the four factors of production with an interactive quiz and printable worksheet. Give a few examples of fixed capital. Manufacturing activities are carried out mostly at home or in the fields with the help of family labour. 1. Answer: ; There are 4 factors/requirements for the production … Question 27. While environmental resources like soil fertility and groundwater are built-up over many years. Name any two states which benefited from the Green Revolution. It is a factor of production which combines or arranges all the factors of production to produce. Answer: It is a factor of production which combines or arranges all the factors of production to produce. Why is it important to use land very carefully? Hence, the disparity between the two regions increased considerably. Answer: Factors which are used to carry out the process of production are called factors of production. Physical captial includes tools, machines can be used over the years while human capital can produce output only it they have experience. Write down the names of the crops that were promoted by Green Revolution. Tubewells are also important sources of irrigation. It also encompasses the use of fertilizers and irrigation techniques that increases the production and make countries like India self-sufficient in food grains. (a) Personal Inequalities: Due to Green Revolution the income of rich farmers increased considerably whereas the poor farmers couldn’t reap any benefit. Answer: Question 6. Answer: (b) It increases foodgrain production in the country. It has increased the production on the same pieces of land which produces large quantities of food grains than it was produced earlier. Answer: are solved by group of students and teacher of Class 9, which is also the largest student (d) For every molecule of fat there is a gene. Also explore over 3 similar quizzes in this category. Scientific reports indicate that the modem farming methods have overused the land. The reasons of the variation in the farm wages are as follows. Preview this quiz on Quizizz. Answer: Question 17. Answer: State any two features of modem farming method. Green Revolution involves the introduction of high yielding varieties of seeds. Answers of Explain the main factors of production? The rate of interest on such loans is very high. Answer: Economic Inequality: Unequal distribution of land leads to economic inequality. Answer: Many kinds of means of transport are available like motorcycles, jeeps, tractors, tongas etc. Advantages / Merits of Green Revolution: Disadvantages / Demerits of Green Revolution: RD Sharma Class 11 Solutions Free PDF Download, NCERT Solutions for Class 12 Computer Science (Python), NCERT Solutions for Class 12 Computer Science (C++), NCERT Solutions for Class 12 Business Studies, NCERT Solutions for Class 12 Micro Economics, NCERT Solutions for Class 12 Macro Economics, NCERT Solutions for Class 12 Entrepreneurship, NCERT Solutions for Class 12 Political Science, NCERT Solutions for Class 11 Computer Science (Python), NCERT Solutions for Class 11 Business Studies, NCERT Solutions for Class 11 Entrepreneurship, NCERT Solutions for Class 11 Political Science, NCERT Solutions for Class 11 Indian Economic Development, NCERT Solutions for Class 10 Social Science, NCERT Solutions For Class 10 Hindi Sanchayan, NCERT Solutions For Class 10 Hindi Sparsh, NCERT Solutions For Class 10 Hindi Kshitiz, NCERT Solutions For Class 10 Hindi Kritika, NCERT Solutions for Class 10 Foundation of Information Technology, NCERT Solutions for Class 9 Social Science, NCERT Solutions for Class 9 Foundation of IT, PS Verma and VK Agarwal Biology Class 9 Solutions, Important Questions for Class 9 Social Science, NCERT Solutions for Class 10 Science Chapter 1, NCERT Solutions for Class 10 Science Chapter 2, Periodic Classification of Elements Class 10, NCERT Solutions for Class 10 Science Chapter 7, NCERT Solutions for Class 10 Science Chapter 8, NCERT Solutions for Class 10 Science Chapter 9, NCERT Solutions for Class 10 Science Chapter 10, NCERT Solutions for Class 10 Science Chapter 11, NCERT Solutions for Class 10 Science Chapter 12, NCERT Solutions for Class 10 Science Chapter 13, NCERT Solutions for Class 10 Science Chapter 14, NCERT Solutions for Class 10 Science Chapter 15, NCERT Solutions for Class 10 Science Chapter 16, CBSE Previous Year Question Papers Class 12, CBSE Previous Year Question Papers Class 10. Join now. Continuous use of groundwater for tubewell irrigation has reduced the water table below the ground. fertile farm land, the benefits from a temperate climate or the harnessing of wind power and solar power and other forms of renewable energy . soon. Land includes farming land, building land, forests, rivers, lakes and mineral deposits. You can study other questions, MCQs, videos and tests for Class 9 on EduRev and even discuss your questions like All these are basic inputs for economic development. community of Class 9. Which is the best way to expand non-farm activities in a village? Question 9. They are illiterate, unhealthy and unskilled. Explain. What is a market? What is multiple cropping? (ii) Worldng Capital: Raw materials and money in hand are called Working Capital. Answer: Explain any three problems. Answer: Question 14. Describe the role of human capital in the production process. Question 38. All these were readily available with the farmers who did not have to buy them. Enumerate a few effects of modem farming method. Question 3. Hectare. They are not even paid minimum wages. Question 46. Mention any four positive effects of it. What is physical capital? Four Factors of Production : 1) Land. Answer: Further Green Revolution became successful in irrigated areas whereas, in the rained belt the new technology couldn’t be properly implemented. Hence, farmers need more capital to purchase them. Question 19. Answer: Question 5. There are four requirements for the production of goods and services which are known as factors of production. Question 37. What capital is needed as first priority to set up a jaggery manufacturing unit? Land is a natural resource, once destroyed it is very difficult to restore it. Land, forests, water, minerals etc. What is Green Revolution? (ii) (a) There is the well-developed system of irrigation in Palampur that enables the farmers there to grow three different crops in a year. Answer: Question 5. (ii) (a) Land is a free gift of nature. Watch Queue Queue. Join now. For example, rice. Question 2. a) Land: b) Labour: c) Capital: d) Enterprise: Please select an answer No, that's not right. Dairy and transport. Answer: Each worker provides labour necessary for production. Misuse of groundwater is another important factor for lowering of water table. They regularly have to look for work. Answer: Answer: Question 21. Economics Multiple Choice Questions, which are covered in this chapter, relate to the topic, Theory of Production. Factors of production. Labourers are hired rarely. The essential inputs which are required for the production of goods and services are known as factors of production. Name any one item of working capital. Yet the middle class (due to very high levels of income inequality) are able to afford first world services such as banking, finance, entertainment and communication services. They sell the crops and earn huge profit on them. 0. The land is taken to refer to all the natural resources over which people have the power of disposal and which may be used in creating goods and also to yield an income. Answer: Question 8. 1. Consequence: (ii) Sociological Effects: agree to the. Answer: Question 15. Farming. What are kharif crops? Mention the standard unit for measuring the area of land. Question 22. Some money is always required during production to make payments and buy other necessary items. Answer: Traditional seeds with low yield were used. Green Revolution involves the introduction of high yielding varieties of seeds. Land: Land includes all natural physical resources – e.g. Answer: Question 9. Where and why has the Green Revolution been started in India? Wide variation in the duration of employment was also seen, (any three). 2.Different Periods in Production Human capital can be built only in the long run through education and training. (iii) HYV seeds need modem inputs like fertilizers, pesticides etc. (i) HYV seeds produce more output per hectare. The crops which are grown in the rainy season i.e., June or July and harvested in October or November. Question 21. This video is unavailable. By continuing, I agree that I am at least 13 years old and have read and The first requirement for production is land. Answer: Get Factors of Production, Economics Chapter Notes, Questions & Answers, Video Lessons, Practice Test and more for CBSE Class 10 at TopperLearning. In which type of activity is dairy farming included? To operate the machines, semi-skilled or skilled manpower is required which need more investments. The medium and large farmers have surplus production even after keeping a substantial part for their own family needs. Explain its two types with the help of suitable examples. ... one factor (b) two factors (c) one chromosome (d) two chromosomes (b) Two factors. RD Sharma Solutions for Class 9 Mathematics, English Grammar (Communicative) Interact In English- Class 9, Class 9 Physics, Chemistry & Biology Tips & Tricks. Answer: Mention some necessary conditions for multiple cropping. State any five reasons as to why farm labourers are considered poor. Answer: (ii) Fixed capital cannot be changed or built in short period of time. Answer: Answer: Mention any two factors responsible for the low yield of foodgrains in India. Question bank for Class 9. How do small farmers obtain capital for farming? So, it is necessary that we should be very careful in its use. Labour is the next necessary factor for production. Name any two methods to increase production in agriculture. 25% of the total workforce is engaged in non-farming activities. 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