Class 9 Economics - Detailed Revision Notes
# Chapter 1: The Story of Village Palampur
## Introduction
- Palampur is a hypothetical village used to explain the basic
concepts of production.
- It has farming and non-farming activities like dairy, transport, and
small-scale industries.
## Factors of Production
1. **Land** - Fixed and limited.
2. **Labour** - Includes skilled and unskilled workers.
3. **Capital** - Fixed (machines, tools) and working capital (raw
materials).
4. **Entrepreneurship** - Organizes resources for production.
## Farming in Palampur
- Use of HYV seeds, fertilizers, and irrigation has improved
productivity.
- **Multiple Cropping** - Growing more than one crop in a year.
## Non-Farming Activities
1. **Dairy Farming** - Selling milk in nearby towns.
2. **Small-Scale Manufacturing** - Such as making jaggery.
3. **Transport** - Rickshaws, trucks, and carts.
4. **Shopkeeping** - Selling essential goods.
# Chapter 2: People as Resource
## Introduction
- People are considered an asset when educated and skilled.
## Economic Activities
1. **Primary Sector** - Agriculture, fishing, forestry.
2. **Secondary Sector** - Manufacturing, industries.
3. **Tertiary Sector** - Banking, transport, education.
## Role of Education & Health
- Improves productivity and employment opportunities.
- Government initiatives like Mid-Day Meal, Sarva Shiksha Abhiyan.
## Unemployment in India
1. **Seasonal Unemployment** - Job loss in off-seasons.
2. **Disguised Unemployment** - More workers than required in a
task.
# Chapter 3: Poverty as a Challenge
## Poverty Line
- Based on caloric intake and income.
## Causes of Poverty
1. **Low Income & Unemployment** - People lack stable jobs.
2. **High Population Growth** - Resources are divided among more
people.
3. **British Rule** - Weakened India's economy.
4. **Lack of Education & Health Facilities** - Poor cannot access good
education and healthcare.
## Government Measures
1. **MGNREGA** - Provides 100 days of employment.
2. **PDS** - Food distribution at subsidized rates.
# Chapter 4: Food Security in India
## Introduction
- Food Security means availability, accessibility, and affordability of
food.
## Green Revolution
- Increased food production through HYV seeds, irrigation, and
fertilizers.
## Types of Hunger
1. **Chronic Hunger** - Long-term food shortage.
2. **Seasonal Hunger** - Short-term hunger due to job loss.
## Public Distribution System (PDS)
- Government provides wheat, rice, and pulses at low prices.
- Issues: Leakage, corruption, and storage problems.
## Government Schemes
1. **Mid-Day Meal Scheme** - Food for school children.
2. **Antyodaya Anna Yojana (AAY)** - Food grains for the poorest.
3. **ICDS** - Nutrition for children and pregnant women.
# Key Takeaways
- Agriculture modernization is necessary.
- Human capital (education & health) is vital.
- Poverty is a challenge, but government schemes help.
- Food security is ensured through PDS.