You are here
![[Economics Class 9] Story of a Village - People as Resource - Teachoo - Concepts](https://cdn.teachoo.com/e1dbe32b-f972-4e51-bfc1-d74930727a8b/an-indian-village---teachoo.png)
- There was a village inhabited by several families.
- Each family produced enough to feed its members . Each family met its needs by the members making their clothes and teaching their children .
- One of the families decided to send one of its sons to an agriculture college . The boy got admission to the nearby college of agriculture .
- After getting qualified in agro-engineering he came back to the village.
- He proved to be so creative that he could design an improved type of plough , which increased the yield of wheat . Thus a new job of agro-engineer was created and filled in the village .
- The family in the village sold the surplus in a nearby neighbouring village,
- Inspired by this success all the families held a meeting in the village. They all wanted to have a better future for their children too.
- They requested the panchayat to open a school in the village. They assured the panchayat that they would all send their children to school .
- The panchayat , with the help of the government , opened a school .
- A teacher was recruited from a nearby town . All the children of this village started going to school .
- After some time one of the families gave training to their daughter in tailoring . She started stitching clothes for everyone who now wanted to buy and wear well-tailored clothes.
- Thus another new job , that of a tailor was created .
- This had another positive effect . The time of the farmers going far for buying clothes was saved .
- As the farmers spent more time in the field , the yield of the farms went up . This was the beginning of prosperity .
- The farmers had more than what they could consume . Now they could sell what they produced to others who came to their village markets .
- Over time, this village , which formally had no job opportunities in the beginning, had many like teachers , tailors , agro–engineers and many more.
- This was the story of a simple village where the rising level of human capital enabled it to evolve into a place rich with complex and modern economic activities .
