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Identify a factory in your region. Find out how much capital may have been invested in the construction of the factory (you may provide an estimate).

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Question

Identify a factory in your region. Find out how much capital may have been invested in the construction of the factory (you may provide an estimate). What kinds of equipment does the factory use to create its finished products?

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Solution

There is a cloth factory in my area of Jaipur, located close to my house, which produces cotton and mixed-fabric garments. According to information available online, around ₹5–6 crore has been invested in constructing the factory and installing electricity and machinery. The factory uses different types of machines, including spinning, weaving, dyeing, stitching, and finishing machines, to manufacture the final products.

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Chapter 7: Factors of Production - Intext Questions [Page 173]

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NCERT Social Science Exploring Society India and Beyond Part 1 [English] Class 8
Chapter 7 Factors of Production
Intext Questions | Q 13. | Page 173
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