NCERT Solutions for Class 9 Social Science Economics
NCERT Class 9 Social Science Economics Chapter wise Solutions
Q1 Give in Brief the summary of the lesson - “The Story of Village Palampur”.
A1: Economics is a very important subject for every student. The chapter - “The story of the village of Palampur” teaches students how the production of crops and other non-farm activities takes place in villages. The story also explains the need for capital and human power for the production of various products. Students also learn exclusively about the following as well:
Organisation of Production
Fixed capital and working capital
Factors of Production
The type of farming in Palampur. The crops are grown and the techniques used to grow crops. Factors like the distribution of land, labour, land sustainability and the capital needed.
Q2: What are some of the steps that can be taken in the education system taken to alleviate the problem of educated unemployment?
A2: Some steps that can be taken in the education system taken to alleviate the problem of educated unemployment are as follows:
Making secondary education levels more knowledge and career-oriented. This will not only improve everyone’s hold on the subject but will also help students develop skills that are very much important to obtain a steady job.
Every student must be allowed to make a choice that interests and suites his choices.
New subjects and fields of study must be introduced at the school level of education. These subjects must help students have a wide option for a career in future. This will help students understand those career choices are way bigger than the basic subjects given to them in school.
Q3: Describe how the poverty line or poor people are identified in India?
A3: A person is said to be poor if his or her earnings or consumption level falls below a “minimum level” given that is necessary to fulfil the basic needs. This minimum level of income is called the poverty line. In India, the poverty line is estimated by multiplying the prices of physical quantities such as - food, clothing, footwear, fuel, light, education, etc. in rupees. The numbers that are involved in deciding the poverty line will vary every year. Also, considering the work, opportunities, lifestyle and expenses, the poverty line for rural areas is completely different from the poverty line for urban areas.
Q4: Write short notes on the following: (1) Minimum support price, (2) Buffer stock.
A4: (1) Minimum support price – The Food Corporation of India purchases wheat and rice from the farmers in states where there is a large production of corps. The farmers are paid a pre-announced price for their crops which is fixed by the government. This price is known as Minimum Support Price. Every year, before the sowing season, the government announces the MSP. The purchased food grains are stored in granaries.
(2) Buffer stock – Buffer stock refers to the stock of food grains (mainly wheat and rice) obtained by the Government through the Food Corporation of India. This buffer stock is used by the government in event of any calamity or disaster or sometimes for the poorer section of the society.
Apart from the above terms, students can find all the terms related to the chapter as well as answers for the exercise questions in the NCERT solutions provided by Vedantu as free PDF downloads.