Answer:
Tejpal Singh, a large farmer has a surplus of wheat production from all his lands. lie sells the surplus wheat and saves a part of his earnings. lie also uses his savings for lending money to small farmers and earns more money through interest. He can afford to buy a new tractor and increase his fixed capital. He can also use his savings to start manufacturing, set up a shop in the village or start any other non-farm activity. He is better off than most of the other farmers who find subsistence dimeult.
You need to login to perform this action.
You will be redirected in
3 sec