{"id":91323,"date":"2025-06-01T10:53:22","date_gmt":"2025-06-01T10:53:22","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91323"},"modified":"2025-06-01T10:53:22","modified_gmt":"2025-06-01T10:53:22","slug":"the-substitution-of-steel-for-wooden-ploughs-in-agricultural-productio","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-substitution-of-steel-for-wooden-ploughs-in-agricultural-productio\/","title":{"rendered":"The substitution of steel for wooden ploughs in agricultural productio"},"content":{"rendered":"

The substitution of steel for wooden ploughs in agricultural production is an example of<\/p>\n

[amp_mcq option1=”labour-augmenting technological progress” option2=”capital-augmenting technological progress” option3=”capital-reducing technological progress” option4=”None of the above” correct=”option2″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC IAS – 2015<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct option is B (capital-augmenting technological progress). The substitution of a steel plough for a wooden plough is an example of capital-augmenting technological progress.
\n<\/section>\n
\n– A plough is a form of physical capital used in agricultural production.
\n– Replacing a wooden plough with a steel plough implies an improvement in the efficiency, durability, or effectiveness of the capital good.
\n– Capital-augmenting technological progress makes capital more productive, meaning more output can be produced with the same amount of capital, or the same output with less capital (relative to labour), or it increases the effective amount of capital available. A stronger, more efficient steel plough allows for better tilling, potentially faster, requiring less effort to achieve the same result, or enabling tilling of harder soil, thus increasing the productivity derived from the capital input.
\n– Labour-augmenting technological progress increases the productivity of labour. While a better plough *might* allow a farmer to work faster or more effectively, the direct technological improvement is in the tool (capital), making the capital itself more productive.
\n– Capital-reducing technological progress is not a standard term in this context; the change here is about making capital *more* productive or effective, not necessarily reducing the absolute amount of capital used (though fewer trips might be needed, it’s primarily about enhanced capital productivity).
\n<\/section>\n
\nTechnological progress can be classified based on how it affects the marginal productivity of labour and capital. Hicks-neutral technology leaves the ratio of marginal productivities unchanged. Harrod-neutral technology is labour-augmenting. Solow-neutral technology is capital-augmenting. In this specific example, the improvement in the plough enhances the productivity of the capital good itself.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The substitution of steel for wooden ploughs in agricultural production is an example of [amp_mcq option1=”labour-augmenting technological progress” option2=”capital-augmenting technological progress” option3=”capital-reducing technological progress” option4=”None of the above” correct=”option2″] This question was previously asked in UPSC IAS – 2015 Download PDFAttempt Online The correct option is B (capital-augmenting technological progress). The substitution of a steel … <\/p>\n

Detailed SolutionThe substitution of steel for wooden ploughs in agricultural productio<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1443,1379,1120],"class_list":["post-91323","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1443","tag-agriculture-and-allied-sectors","tag-economic-development","no-featured-image-padding"],"yoast_head":"\nThe substitution of steel for wooden ploughs in agricultural productio<\/title>\n<meta name=\"description\" content=\"The correct option is B (capital-augmenting technological progress). The substitution of a steel plough for a wooden plough is an example of capital-augmenting technological progress. - A plough is a form of physical capital used in agricultural production. - Replacing a wooden plough with a steel plough implies an improvement in the efficiency, durability, or effectiveness of the capital good. - Capital-augmenting technological progress makes capital more productive, meaning more output can be produced with the same amount of capital, or the same output with less capital (relative to labour), or it increases the effective amount of capital available. A stronger, more efficient steel plough allows for better tilling, potentially faster, requiring less effort to achieve the same result, or enabling tilling of harder soil, thus increasing the productivity derived from the capital input. - Labour-augmenting technological progress increases the productivity of labour. While a better plough *might* allow a farmer to work faster or more effectively, the direct technological improvement is in the tool (capital), making the capital itself more productive. - Capital-reducing technological progress is not a standard term in this context; the change here is about making capital *more* productive or effective, not necessarily reducing the absolute amount of capital used (though fewer trips might be needed, it's primarily about enhanced capital productivity).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-substitution-of-steel-for-wooden-ploughs-in-agricultural-productio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The substitution of steel for wooden ploughs in agricultural productio\" \/>\n<meta property=\"og:description\" content=\"The correct option is B (capital-augmenting technological progress). The substitution of a steel plough for a wooden plough is an example of capital-augmenting technological progress. - A plough is a form of physical capital used in agricultural production. - Replacing a wooden plough with a steel plough implies an improvement in the efficiency, durability, or effectiveness of the capital good. - Capital-augmenting technological progress makes capital more productive, meaning more output can be produced with the same amount of capital, or the same output with less capital (relative to labour), or it increases the effective amount of capital available. A stronger, more efficient steel plough allows for better tilling, potentially faster, requiring less effort to achieve the same result, or enabling tilling of harder soil, thus increasing the productivity derived from the capital input. - Labour-augmenting technological progress increases the productivity of labour. While a better plough *might* allow a farmer to work faster or more effectively, the direct technological improvement is in the tool (capital), making the capital itself more productive. - Capital-reducing technological progress is not a standard term in this context; the change here is about making capital *more* productive or effective, not necessarily reducing the absolute amount of capital used (though fewer trips might be needed, it's primarily about enhanced capital productivity).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/the-substitution-of-steel-for-wooden-ploughs-in-agricultural-productio\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T10:53:22+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The substitution of steel for wooden ploughs in agricultural productio","description":"The correct option is B (capital-augmenting technological progress). 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