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SAI INTERNATIONAL SCHOOL
SESSION 2020-21
CLASS-IX
ECONOMICS- Ch-1- STORY OF VILLAGE PALAMPUR
MIND MAP
SUB-TOPIC- 4
FARMING IN PALAMPUR
Who will provide the labour? The capital needed in farming.
BIG FARMERS • BIG FARMERS-
- They have large land holdings
Hire farm labourers to work - They get more production from
on their fields their land and by selling it in
the market they are able to get
a high income.
- They consume a part of the
MEDIUM FARMERS income; a part of the total
Hire farm labourers to work income is saved and the
on their fields remaining is lent to the people
who are in need.
• Medium FARMERS-
SMALL/MARGINAL - They hire farm labourers to
FARMERS work on their fields.
They along with their
- Even they are able to get more
families cultivate their own income and lend loans to the
land. small farmers and land less
labourers.
• SMALL FARMERS AND
FARM LABOURERS LANDLESS LABOURERS-
They come either from - They have small or no land
landless families or holdings
families cultivating very - They are unable to fulfil their
small plots of land. They
do not have right over needs and depend for money
on the big farmers, medium
crops grown on the land. farmers, money lenders and the
traders who supply various
inputs for cultivation.
- The rate of interest on such
loans are very high and they
are put to great distress to
repay the loan.