(a):The main requirements for the production of goods and services are LAND, labor, physical capital, and human capital.(b):It consists of tangible, man-made goods that assist in the process of creating a product or service. The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its physical capital(c):Difference between Multiple CROPPING and Modern Farming: Multiple Cropping: ... It includes growing more than one crop on a piece of land during the same year. This method involves using of traditional seeds that requires less irrigation, wooden tools and equipments, ancient machinery, etc.(d):Meaning: Fixed capital alludes to the amount of investment of company in long term assets. Working capital refers to the capital that is invested into the current assets of the organization. ... Working capital assets usually have more liquidity SINCE they can promptly be changed over into cash.(e):The main production activity in palampur is agriculture. Small scale industries- there are small scale industries like jaggery and clothing. Dairy- people are also engaging in poultry farming. they sell dairy products.(f):The working capital required by the farmer using modern farming methods are raw material and money. Money is always required during production to make payments and buy other necessary items.(g):In Palampur the distribution of cultivated land is unequal. 3. 60 families of medium and large farmers cultivate more than 2 hectares of land. Only A few of the large farmers have land extending over 10 hectares or more.(h):Practice Seasonal Soil Rotation.Know The Yield Potential.Ensure Proper Water Drainage.(I):In these methods, simple and traditional seeds are used .wells and tanks are used for irrigation.fertilizer used is manure from cow dung.farmers use Bullock for ploughing the field.Manual labour and traditional old machines are used for all activities.(j):Following are some of the problems due to unequal distribution of food: Increase in tension among people. A lot of shedding of blood. Increase in poverty(k):Multiple cropping and use of modern farming methods are two different ways of increasing production on the same piece of land. e.g., (i) Multiple Cropping When more than one crop is grown on a piece of land during the year it is known as multiple cropping.(l):The medium and large farmers have their own savings from farming. ... (ii) In contrast, the small farmers have to borrow money to arrange for the capital. They borrow from large farmers or the village moneylenders or the traders who supply various inputs for cultivation.(m):(i) They come either from landless families or families cultivating small plots of land. (ii) They do not have a right over the crops grown on the land. (III) They got wages in cash or in kind e.g. crop. (iv) Wages vary widely from region to region and from crop to crop, etc.(n):1)The excessive use of chemicals by the help of machines reduces the fertility of the land. 2)Lack of practical knowledge the farmers cant handle the machines properly. 4)While the cost of maintenance is very high. 5(Overuse of machines may lead to environmental damage(o):The non-farm activities of Palampur are dairy, small scale manufacturing and transport. Nearly 25% of the people engaged in non-farm activities.(p):Dairy is also a non-farm work , In villages setting up Dairy services can be started for welfare of villagers. in villages we can set up small scale industries for promotion of local HANDICRAFTS like basket weaving , pottery etc.