This content provides a foundational overview of economics, focusing on its core principles, the structure of the Indian economy, and key challenges and opportunities for its development.
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foreign [Music]
foreign
fiscal policy and source of Revenue topics
the economic relations of a country with
the rest of the world so Indian economic
industrial growth
so industrial growth
agriculture so
production distribution and consumption
so it is a study of production
distribution and consumption of goods
and services goods and services study so
either on the production distribution consumption
consumption um
so use of Economic and use of scarce
resources so efficient use of scarce resources
so efficient use of scarce resources for
production distribution consumption of
on the 12th book s
chapter one foreign
part of the topic so economics
which deals with economics decision
making of individual economic agents
individual economic agents foreign
so macroeconomics
there is a danger of excessive generalization
generalization foreign
among individual units so homogeneity
system of activities foreign
so self-reliance without modernization
is dangerous primitive technology
that is also will not help the economy traditionally
traditionally
upper level of national income so
foreign
so structure of the Indian economy up
some Indian economic structure
who owns the factors of production so
so
so land labor capital and
Entrepreneurship in the factors of production
production
one another
what goods and services are produced foreign
uh
money or purchasing power
capital s
what is the economic motive foreign
in America
less equal
so less than equal so inequality
limited Freedom so major problem inequality
you want to put it down
thank you
so mixed economics inequality when the
that is inclusive development if growth
leaves in the tea leaves without output
without output okay the tea leaves
so on the converting the one good to another good
converting the one good to another good through the process of manufacturing
a diary Nepal
so all types of industry or converting this good into another good so the
this good into another good so the manufacturing
manufacturing Industries transportation
communication Bank
Bank Hotel
Hotel foreign
second relay it converts the activities in which natural products are changed
in which natural products are changed into other forms any product is changed
into other forms any product is changed to the other form to manufacturing
to the other form to manufacturing um
these are all the activities that help in the development of the primary and
in the development of the primary and secondary sector
secondary sector so
so Transportation storage communication banking so opening a banking updating
banking so opening a banking updating foreign
Queen area so quite an area of the non-gum
on the basic okay so Indian economics
you know services
they are not taking uh mining into considerations
you know affected services
disproportionate representation of employment and contribution to GDP of
employment and contribution to GDP of agriculture agriculture
GDP contributions disproportionate
it's an Emerging Market I'm on the stable growth
GDP growth so 1991
so 1991 um
and China so fast as the growing economy in uh
okay pass us to Growing service sector
pass us to Growing service sector dominance
so it will be a manufacturing economy when it is developing it will become
when it is developing it will become service economy when it is developed
large domestic conversion 1.4 billion population world's largest
1.4 billion population world's largest nation
nation under this large domestic consumption
under this large domestic consumption rapid growth of urbanized area so
rapid growth of urbanized area so foreign
demography in a population study of population is demography demographic
population is demography demographic dividend population
issue which should be addressed increasing prices
so in the adequate employment generation jobless growth so inadequate employment
jobless growth so inadequate employment generation
generation is
so manufacturing um
thank you [Music]
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