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      INDIAN ECONOMY

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      Indian Economy

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      E-Books, Mains Capsule, Prelims Capsule
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      indian economy-01
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      Types of Economic Systems:

      • Capitalist/ Market Economy: here individuals make decisions related to consumption and production. It is also called laissez-fair economy.
      • State / Command Economy: here government/ state are the sole decision maker about the various aspects of economy. Example – erstwhile Soviet Union.
      • Mixed Economy: both market and state complements each other. Most economies in modern world fall under this category.

      Activities in an Economy:

      • Primary Activities: related to nature i.e. agriculture, mining etc.
      • Secondary Activities: adding value to primary goods such as manufacturing, construction etc.
      • Tertiary Activities: different types of services (White Collar Jobs) such as banking, tourism, education etc.
      • Quaternary Activities: information and R&D based
      • Quinary Activities: it includes specialists, decision makers, consultant, policy formulators

      Course Features

      • Lectures 1
      • Quizzes 0
      • Duration 50 hours
      • Skill level All levels
      • Language English
      • Students 2
      • Assessments Yes
      CoursesPrelims CapsuleIndian Economy
      • INDIAN ECONOMY 1

        • Lecture1.1
          INDIAN ECONOMY
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