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Name the factor which is fixed as factors of production.
The village of Palampur, described in CBSE NCERT Social Science Class 9 chapter The Story of Village Palampur, showcases a well-developed rural economy. Farming is the primary occupation, where modern techniques like HYV seeds fertilizers and irrigation enhance productivity. Besides agriculture, people engage in non-farming activities such as dairy transportation and small-scale industries to earn a livelihood. The chapter explains the factors of production including land labor capital and entrepreneurship. It also highlights surplus production market exchange and the role of electricity in improving irrigation and businesses, making Palampur a model for rural development. #CBSE #NCERT #SocialScience #Class9 #VillagePalampur #Economics
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The correct answer is: (d) Land
Explanation: Land is a fixed factor of production because its quantity is limited and cannot be increased. Unlike labor or capital, which can be adjusted based on demand, land remains constant in supply. It is a fundamental resource required for agriculture, industries, and infrastructure development. This question related to Chapter 1 Social Science Class 9th NCERT. From the Chapter 1 The Story of Village Palampur. Give answer according to your understanding.
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