question_answer

             What is the aim of production? State any four requirements needed for production of goods and services.         

Answer:

                  Non-farm production activities                           (i) Banks should provide loans at low interest rates so that the poor villagers can start some business to help them earn a living. (ii) Government should be more active and start effective employment generating schemes. (iii) Government should provide training to the villagers in different small crafts. (iv) Government   should   provide   facilities   for transportation and selling of locally manufactured goods of the villagers in the cities. (v) Industries can be set-up in rural areas.