Dr. Manishika Jain in this lecture NCERT Class 9 Economics Chapter 1: Story of Village Palampur discusses the major factors of production. The four primary factors of production are:
Land
Labour
Physical Capital
Human capital
Theme is Production @0:39
Production – Fundamental @1:48
4 Factors of Production @2:10
Land @4:16
Fixed & Scarce @4:20
Labour @7:29
Physical Capital @9:04
Small Farmers @9:21
Non – Farm Activity – Only 24% in Villages @10:54
#Equipment #Ploughing #Threshers #Wasteland #Expansion #Scattered #Fertilizer #Physical #Fundamental #Production #Manishika #Examrace
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Dr. Manishika Jain served as visiting professor at Gujarat University. Earlier she was serving in the Planning Department, City of Hillsboro, Hillsboro, Oregon, USA with focus on application of GIS for Downtown Development and Renewal. She completed her fellowship in Community-focused Urban Development from Colorado State University, Colorado, USA. For more information – https://www.examrace.com/About-Examrace/Company-Information/Examrace-Authors.html
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