Types & Sectors of Economy | Capitalist vs Socialist Economy | UPSC Prelims | Adil Baig

We are starting Indian Economy Concepts for Prelims Series. This is the first video of the series, where Mr.Adil Baig is discussing the Types of Economy - Capitalist, Socialist & Mixed;
Sectors of Economy - Primary, Secondary, tertiary, etc.

Topics Discussed:

00:22 - Introduction to Economy
04:25- Agenda for the Video
05:48 - What is Economics?
11:55 - MacroEconomics vs Microeconomics
16:35 - Factors of Production - Land, Labour, Capital, Entrepreneurship
21:29 - Capitalistic vs Socialistic vs Mixed Economy
33:05 - Capitalist Economy
35:15 - Socialist or State Economy
39:33 - Mixed Economy
45:00 - Sectors of Economy - Primary, Secondary, Tertiary, Quarternary, Quinary
#upsc #economy

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