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INDEX
INTRODUCTION : PRODUCTION
FACTORS OF PRODUCTION
CONCLUSION
BIBLIOGRAPHY
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INTRODUCTION :
The terms ‘politics’ , ‘political science’, ‘political theory’ and ‘political
philosophy’ are used as synonyms though there is slight change in the shade of
meaning. They represent the study of State. Aristotle, the ‘Father of Political
Science’ , used the term ‘politics’ for the first time in his book ‘Politics’.
The term ‘politics’ is derived from the Greek word ‘polis’ which means
‘city-state’. The term ‘polity’ is derived from the Greek word ‘poleticia’
meaning ‘government’ or ‘constitution’.
DEFINITIONS
The definitions of political science can be divided into two types, namely,
classical or traditional and modern definitions.
J.W. Garner – “Political Science begins and ends with the State.”
Paul Janet – “Political Science is that part of social science which treats the
foundations of the State and the principles of government.”
R.G. Gettell – “It is a historical investigation of, what the State has been, an
analytical study of what the State is, and a politico-ethical discussion of what
the State should be.”
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Jenks – “Politics is the study that deals with the State and the Government.”
Lord Action – “Political Science is concerned with the State and with the
conditions essential for its development.”
Sidgwick – “Political Science, for Greeks , was like municipal science, but this
subject deals with the societies of which the members are accustomed to obey,
at least in certain matters, the direction given by some persons forming part of
the society.”
Modern Definitions
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of a society.” He further says that political science is “the process by which
scarce resources – human, economic, spiritual are allocated within a social
limit , be it a city, a State, a nation or an organisation for the purpose of
providing for human needs and desires.”
Harold J. Laski – “The study of politics concerns itself with the life of men in
relation to organized States.”
Rowe – “Political activity is the activity which is resolved and translated into
policy.”
Max Weber – “Politics is the struggle for power or the influencing of those in
power.”
Robson – “Political Science centres on the struggle to gain and retain power, to
exercise power or influence over other or to resist that exercise.”
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SCOPE OF POLITICAL SCIENCE:
Political science revolves round the organised society; the State and the
Government being treated as its chief features. Political science takes to
historical investigation and records the conditions under which the earlier States
operated and their governments worked. Likewise, while analysing the present
State, it takes up the State purpose, structure and functions of the State , its
relations with individuals and groups. Having covered the past and the present,
political science peeps into the future. This is done through value-judgements
and prediction is based on the building up of theories. In the words of R.N.
Gilchrist, “The scope of political science is determined by the inquiries that
arise in connection with the State. These inquiries may broadly be classified
under the State as it is, the State as it has been, the State as it ought to be.”
Political science deals with the nature of human associations and organisations,
their objects, influences, structures, etc. Politics covers social values, political
social values, political socialisation, public administration, national and
international organisations, etc. are included in the scope of the Political
Science.
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The subject of Political Science can be divided into two classes, political theory
and political practice. The practical aspect of the political process is then
explored. The organisation of political parties, their functions, support,
structure, ideology and their art of directing the government or playing the role
of opposition are studied. The analysis of political behaviour of both the elite
and masses are also examined. As an extensive study, political science enquires
into the working of the legislature, the civil service and the judiciary.
The study of political science is not limited to the State. It deals with the
national and international problems , international organisations and man’s
relation with them. Thus, the scope of the subject has become very wide.
The scope of political science extends not only to the description and
understanding of the State in its political and administrative spheres but also to
the psychological and social analysis of the individual or group political
behaviour.
As per Gettell, “In its historical aspects, Political Science deals with the origin
of the State and with the development of Political Theories in the past in dealing
with the present attempts to describe, and classify existing political institutions
and ideas. Political science also looks to the future, to the improving political
organisations and activities in the light of changing conditions and changing
ethical standards.” He further states that political science is “the study of the
State in the past, present and future, of political organisation and political
organisation and political functions, of political institutions and political
theories.”
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NATURE OF POLITICAL SCIENCE:
There are different views on the nature of politics. Aristotle, Bodin, Hobbes,
Bluntschli, Montesquieu, Lewis, Sidgwick, Jellinek, Bryce, etc. hold that
politics is a science. But, writers like J.S. Mill, Maitland, Catlin, Barker,
Buckle, Auguste Comte, etc. maintain that it is only an art.
POLITICS IS A SCIENCE
James Bryce maintains that “Politics can never become a science.” Catlin thinks
that there is no such thing as a political science.” Buckle holds that “Politics far
from being a science is one of the most backward of all the arts.” G. Mosca
holds that “Political science in its scientific state.” Maitland writes “When I see
a good set of examination questions headed by the word ‘Political Science’ I
regret not the questions but the title.” Auguste Comte rejected to treat it as a
science on the following three grounds :-
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4. Scientific methods of observation and experimentation cannot be applied
to politics because political conditions are ever changing and difficult to
be experimented upon.
FACTORS OF PRODUCTION
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But what do we exactly mean by a factor of production. Fraser defines
“ factor of production as a group or class of original productive resources. ” 1
More explicitly, the term ‘factor’ of production is used for a class of
productive elements, the individual members of which are known as ‘units’
of the factor and all units of a factor are homogeneous and interchangeable.
Technically speaking, all units of a factor are perfect substitutes of one
another. This also implies that two different factors of production cannot be
perfect substitutes of each other.
1. LAND
Thus, by land, we mean not only the land surface but all gifts of
nature, like rivers, waterways, forests, etc. These are all the natural
resources which have exchange value because they are scarce and
useful. The quantity and quality of natural resources play a major role
in the development of a country.
1
L.M. Fraser, Economic Thought and Language, 1947
2
H.L. Ahuja, Modern Economics : An Analytical Study, (New Delhi : S. Chand Publications, 2017)
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2. LABOUR
3. CAPITAL
4. ENTREPRENEUR / ORGANISATION
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Some economists are of the view that entrepreneurship should
not be regarded as a separate factor of production as it is a special type of
labour. Hence they believe it should be included in labour. However, the
view of these economists is not generally accepted, as there is a
fundamental difference between entrepreneur and the other factors of
production.3
3
Surbhi Arora, Economics for Law Students, (Delhi : Central Law Publications,2017)
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FEATURES OF FACTORS OF
PRODUCTION
1. LAND
Land is Immovable
It cannot be transported from one place to another. For instance, no
portion of India’s surface can be transported to some other country.
Fixed Quantity:
The total quantity of land does not undergo any change. It is limited
and cannot be increased or decreased with human efforts. No alteration can be
made in the surface area of land.
Land is Permanent:
All man-made things are perishable and these may even go out of
existence. But land is indestructible. Thus it cannot go out of existence. It is not
destructible.
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There are some original and indestructible powers of land, which a man
cannot destroy. Its fertility may be varied but it cannot be destroyed completely.
2.LABOUR
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to go to far off places leaving his native place and his kith and kin. Therefore,
Labour has less mobility.
3.CAPITAL
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The composition or supply of capital is not automatic, but it is
produced with the joint efforts of labour and land. Therefore, capital is a
produced means of production.
Capital is Elastic:
Supply of capital is elastic and can be adjusted easily and quickly
according to demand.
4.ENTREPRENEUR / ORGANISATION
He / She have Leadership qualities
He / She conceives the idea of launching the project.
He / She is an Efficient organizer
He / She mobilizes the resources for smooth running of the project.
He / She is a good Decision maker
The decision of what, where and how to produce goods are taken by the
entrepreneur.
He / She can take up risks
He / She undertakes the risks involved in production.
He / She is Knowledgeable
He / She is an innovator. He / She innovates new techniques of
production, new products and brings improvements in the quality of existing
products. He / She is in fact the captain of the industry. 4
CONCLUSION
4
K.K. Dewett, Modern Economic Theory,(New Delhi : Shyam Lal Charitable Trust,2018)
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Land, labour, capital, and entrepreneurship are the major factors of
production.
Land it can be of commercial land or real estate which are used for
production.
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BIBLIOGRAPHY
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