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...
ROLE OF TECHNOLOGY IN THE ECONOMY
•It reduces the national cost of the production.
•It establishes standards for quality .
•It boost economy of nation.
•It leads to increase in division of labour.
•It offers specialisation of jobs within a business.
•It uses natural resources efficiently and effectively.
•It is because of technology that economies are increasing their total output,which leads to higher profit and development.
•It allows trade to be spread not only in domestic areas but also international areas.
•It encourages growth of new business .
•Consumer get benefits from the creation of new products through advanced technology.
•It leads to higher paying jobs.
•It can save lot of time .
•It can contribute to efficiency of business' output rate.
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