Village_Palampur_Class9.pptxPalampur is a model village used to explain how production works in the economy. It is well-connected by roads and has basic facilities like electricity, schools, and health centres.

Palampur is a model village used to explain how production works in the economy. It is well-connected by roads and has basic facilities like electricity, schools, and health centres.

1. The Story of Village Palampur Class 9 Economics - Chapter 1

2. Introduction • Village Palampur is a hypothetical village used to explain economic concepts. • It helps us understand the production activities in rural areas. • Main occupation: Farming. • Non-farming activities also exist (dairy, transport, shopkeeping).

3. Organization of Production • Factors of production: Land, Labour, Capital, and Entrepreneurship. • Land: Fixed resource. • Labour: Small farmers use family labour, while big farmers hire workers. • Capital: Tools, machines, buildings, raw materials. • Entrepreneur: Person who organizes production.

4. Farming in Palampur • Farming is the main activity. • Well-developed system of irrigation. • Use of HYV seeds, fertilizers, and modern machinery. • Multiple cropping practiced.

5. Non-Farming Activities • Dairy farming: Many families sell milk in nearby towns. • Small-scale manufacturing: Simple production in homes. • Shopkeeping: Selling goods to villagers. • Transport: Rickshaw pullers, tongas, tractors, trucks, etc.

6. Conclusion • Palampur explains the working of a village economy. • Shows dependence on farming as well as importance of non-farming activities. • Highlights role of land, labour, and capital in production. • A model village to study rural economic activities.