Class 9 Economics | Chapter 1: Organisation of Production Explained with Examples | CBSE NCERT

Welcome to your Class 9 Economics journey!
In this video, we dive deep into Chapter 1 – The Story of Village Palampur, focusing on the essential topic: Organisation of Production.
You’ll understand how the production process works using the four key requirements:
Land, Labour, Capital, and Human Capital. Real-life examples and clear explanations will help you grasp how goods and services are actually produced in a village economy.

This video is perfect for CBSE students, UPSC beginners, and anyone wanting to build a solid foundation in economic concepts.

Topics Covered:
• What is production?
• Four factors of production
• Difference between fixed and working capital
• Human capital and entrepreneurship
• Case study from Village Palampur

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