What kind of Labour is found in Palampur?

HomeWhat kind of Labour is found in Palampur?

What kind of Labour is found in Palampur?

450 families

Skills a worker has as a result of education, training, or experience that can be used in production are called human capital. Students are acquiring human capital. Workers who are gaining skills through experience or through training are acquiring human capital.

Q. Can you own a business under socialism?

No, you can‘t start your own business under socialism. The very basics of socialism is that business is owned and run for the benefit of society. That means the government runs your business either through overregulation or outright ownership. Government may not see the benefit of your business.

Q. What is the reward for factors of production?

When factors are used they earn a reward called a factor ‘income’. Factor incomes are: rent, wages, interest and profit.

Q. How many families live in Palampur?

What kind of labour is found in Palampur? Answer: Farm labourers come either from landless families or families cultivating small plots of land. Unlike farmers, farm labourers do not have a right over the crops grown on the land./span>

Q. Is Palampur a real village?

According to book it is an imaginery village. Yes It is a village in North India { Kangra Valley, Himachal Pradesh}./span>

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