Complete Guide for CBSE Students
NCERT Solutions, NCERT Exemplars, Revison Notes, Free Videos, CBSE Papers, MCQ Tests & more.Download Now
The Story of Village Palampur class 9 Notes Economics in PDF are available for free download in myCBSEguide mobile app. The best app for CBSE students now provides The Story of Village Palampur class 9 Notes Economics latest chapter wise notes for quick preparation of CBSE exams and school-based annual examinations. Class 9 Economics notes on chapter 2 The Story of Village Palampur Economics are also available for download in CBSE Guide website.
The Story of Village Palampur class 9 Notes Economics Palampur
Download CBSE class 9th revision notes for chapter 2 The Story of Village Palampur in PDF format for free. Download revision notes for The Story of Village Palampur class 9 Notes Economics and score high in exams. These are the The Story of Village Palampur class 9 Notes prepared by team of expert teachers. The revision notes help you revise the whole chapter 2 in minutes. Revision notes in exam days is one of the best tips recommended by teachers during exam days.
CBSE Class 9 Revision Notes Economics The Story of Village Palampur
- Village Palampur
Palampur is a small hypothetical village having about 450 families. It is 3 km away from Raiganj — big village. Shahpur is the nearest town to the village.
The village is well connected with neighbouring villages and towns. The village is well connected by the road and most of the houses are electrified.
It has two primary schools and one high school.
There is a government primary health Centre and a primary dispensary.
- Main Production Activities
Farming is the main production activity in the village Palampur. Most of the people are dependent on farming for their livelihood. Non-farming activities such as dairy, small-scale manufacturing (e.g. activities of weavers and potters, etc.), transport, etc., are carried out on a limited scale.
- Factors of Production (Or Requirements for Production of Goods and Services)
Land, labour, and capital are the basic requirements for production of goods and services which are popularly known as factors of production. Land includes all free gifts of nature,e.g., soil, water, forests, minerals, etc. Labour means human effort which of course includes physical as well as mental labour. Physical capital is the third requirement for production.Physical capital includes fixed capital (e.g. tools, machines, building, etc.)
Working capital includes raw materials such as seeds for the farmer, yarn for the weaver. and money in hand.
- Important Changes in Farm Activities
Land area under cultivation is virtually fixed. However, some wastelands in India had been converted into cultivable land after 1960.
Over the years, there have been important changes in the way of farming, which have allowed the farmers to produce more crops from the same amount of land.
These changes include :
(a) Multiple cropping farming
(b) Use of modern farming methods.
Due to these changes (in the late 1960s) productivity of land has increased substantially which is known as Green Revolution. Farmers of Punjab, Haryana and western Uttar Pradesh were the first to try out the modern farming methods in India.
Overuse of fertilizers, pesticides and water is resulting into land degradation. The farmers in Punjab are facing these problems.
- Labour: After land, labour is the next basic factor of production. Small farmers provide their own labour, whereas medium and large farmers make use of hired labour to work on their fields.
- There are many landless families in Palampur which provide labours. As the work is less for the number of labourers they are not given minimum wages set by the government.
- So some labourers migrate to the cities.
- Capital: After land and labour, capital is another basic factor of production. All categories of farmers (e.g. small, medium and large) require capital. Small farmers borrow from large farmers or the village moneylenders or the traders who supply them various inputs for cultivation.
Modern farming requires a great deal of capital.
- Sale of Surplus Farm Products
Farmers produce crops on their lands by using the three factors of production, viz. land, labour and capital. They retain a part of produce for self-consumption and sell the surplus in the nearby market. That part of farm produce which is sold in the market is called marketable surplus. Small farmers have little surplus output. It is the medium and large farmers only who have substantial surplus produce for selling in the market.
- Non-farm activities
Out of every 100 workers in the rural areas in India, only 24 are engaged in non-farm activities. There is a variety of non-farm activities in the villages. Dairy, small scale manufacturing, transport, etc., fall under this category.
Some of the people are engaged in these non-farming activities.
CBSE Class 9 Revision Notes and Key Points
The Story of Village Palampur class 9 Notes Economics. CBSE quick revision note for class-9 Economics, Chemistry, Math’s, Biology and other subject are very helpful to revise the whole syllabus during exam days. The revision notes covers all important formulas and concepts given in the chapter. Even if you wish to have an overview of a chapter, quick revision notes are here to do if for you. These notes will certainly save your time during stressful exam days.
To download Training in Sports class 11 Notes Physical Education, sample paper for class 11 Chemistry, Physics, Biology, History, Political Science, Economics, Geography, Computer Science, Home Science, Accountancy, Business Studies, and Home Science; do check myCBSEguide app or website. myCBSEguide provides sample papers with solution, test papers for chapter-wise practice, NCERT solutions, NCERT Exemplar solutions, quick revision notes for ready reference, CBSE guess papers and CBSE important question papers. Sample Paper all are made available through the best app for CBSE students and myCBSEguide website.
- History-The French Revolution class 9 Notes Social Science
- History-Socialism in Europe and the Russian Revolution class 9 Notes Social Science
- History-Nazism and the Rise of Hitler class 9 Notes Social Science
- History-Forest Society and Colonialism class 9 Notes Social Science
- History-Pastoralists in the Modern World class 9 Notes Social Science
- History-Peasants and Farmers class 9 Notes Social Science
- Geography-India Size and Location class 9 Notes Social Science
- Physical Features of India class 9 Notes Geography
- Drainage class 9 Notes Geography
- Climate class 9 Notes Geography
- Natural Vegetation and Wild Life class 9 Notes Geography
- Population class 9 Notes Geography
- History and Sport The Story of Cricket World class 9 Notes History
- Clothing A Social History class 9 Notes History
- People as Resource class 9 Notes Economics
- Poverty as a Challenge class 9 Notes Economics
- Democracy in the Contemporary World class 9 Notes Political Science
- What is Democracy Why Democracy class 9 Notes Political Science
- Constitutional Design class 9 Notes Political Science
- Electoral Politics class 9 Notes Political Science
- Working of Institutions class 9 Notes Political Science
- Democratic Rights class 9 Notes Political Science
- Food Security in India class 9 Notes Economics
Create Papers with your Name & LogoTry it Now (Free)