Resources- A stock or supply of money, materials,staff and other assets that can be drawn on by a person or organization in order to function effectively.
Fixed Capital- Includes the assets and capital investments that are needed to start up and conduct business even at a minimal stage.
Working Capital- Production requires a variety of raw materials and some money during production to make payments and buy other necessary items. These are included in the working capital.
Human Capital- We need knowledge and enterprise to be able to put together land, labour and physical capital and produce an output. This is called Human capital.
Four main factors of production- Land, Labour, physical capital and human capital.
Multiple cropping- To grow more than one crop on a piece of land during the year.
The main reason behind the growth of three different crops in a year in Palampur was well developed system of irrigation.
Non farm activities of Palampur- Dairy farming, small scale manufacturing, shopkeeping, transport,self employed
Fixed Capital- Includes the assets and capital investments that are needed to start up and conduct business even at a minimal stage.
Working Capital- Production requires a variety of raw materials and some money during production to make payments and buy other necessary items. These are included in the working capital.
Human Capital- We need knowledge and enterprise to be able to put together land, labour and physical capital and produce an output. This is called Human capital.
Four main factors of production- Land, Labour, physical capital and human capital.
Multiple cropping- To grow more than one crop on a piece of land during the year.
The main reason behind the growth of three different crops in a year in Palampur was well developed system of irrigation.
Non farm activities of Palampur- Dairy farming, small scale manufacturing, shopkeeping, transport,self employed
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