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PALAMPUR, FACTORS OF PRODUCTION : - Coggle Diagram
PALAMPUR
FARMING METHODS
MODERN
TRADITIONAL
FIXED CAPITAL
TOOLS,MACHINES,BIULDINGS
WORKING CAPITAL
RAW MATERIALS AND MONEY IN HAND
HUMAN CAPITAL
KNOWLEDGE AND ENTERPRISE
PHYSICAL CAPITAL
THE VARIETY OF INPUTS REQUIRED AT EVERY STAGE PURING PRODUCTION
NON- FARMING ACTIVITIES
DAIRY FARMING, SHOPKEEPER, SMALL-SCALE MANUFACTURING
LAND IS FIXED
FARMING IS THE MAIN ACTIVITY
FACTORS OF PRODUCTION :
LABOUR
LAND :
MOST ABUDANT FACTOR OF PRODUCTION
PHYSICAL CAPITAL