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Land utilisation

  LAND UTILIZATION  Land is a scarce resource, whose supply is fixed for all practical purposes. At the same time, the demand for land for various competing purposes is continuously increasing with the increase in human population and economic growth.Land use pattern at any given time is determined by several factors including size of human and livestock population, the demand pattern, the technology in use, the cultural traditions, the location and capability of land, institutional factors like ownership pattern and rights scale regulation. Major Types of Land Utilization in India : As in all other countries, land in India is put to various uses. The utilization of land depends upon physical factors like topography, soil and climate as well as upon human factors such as the density of population, duration of occupation of the area,land tenure and technical levels of the people.There are spatial and temporal difference in land utilization due to the continued interplay of phys...

5 essential elements of demand

5 ESSENTIAL ELEMENTS OF DEMAND

The five essential elements of demand are

a)Desire for a commodity : It means for buying any commodity , first of all there should be desire or (want) for that particular commodity we want buy. {For instance, let's say that a adult was craving for chocolate during his market visit and thus having desire for it.}

b)Ability to purchase: Secondly , we should have ability toh buy that commodity . Obviously if we are desiring a commodity and want to buy that , we should also have the ability to buy it. {He should have money within his pocket to buy chocolate.}

c) Willingness to buy: Now after , the person have also the ability to buy , he should be willing to buy it. His willingness should not be compromised at this moment .{Again,If he is not having money within his pocket ,he should arrange it ,or rather just buy chocolate from his savings .}

d)Given price : The price of that commodity should be mentioned or given already .

e)Given time: The time of that particular commodity should also be given .

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