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

[@dineshbabu620]

Excellent explanation, This gave me a clarity about Definition, types, sectors in the Economy.

[@KGAYATHRI03]

I cant move on after the teaching is over ,without thanking u sir , i never going say that economy is tough sub ....thank u so much sir . .......

[@CuriousAdil]

Thank you.. Keep Following!

[@renganathanr4093]

Sir,Excellent explanation of demand, supply, state economy and mixed economy with suitable example 👏👏👏

[@CuriousAdil]

Thank you.. Keep Following!

[@blackpanther6313]

@@CuriousAdil Hello Sir ! I've a doubt on 28.25 , Where you have mentioned that the Govt will give the goods free and distribute freely. The govt has given so many freebies like free tickets for women (bus), free laptops, cycels etc.. My question is,won't this freebies affect the exchequre ?

[@aicscctn]

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[@asmaham4264]

I studied economics in my schools days but couldn't understand anything but your video is very clear and understandable👏👏👏 Now I'm clear with the concepts. Thank you so much sir🙏🏼

[@asmaham4264]

@curious adil

[@gayathri247]

Your classes are very interesting and thanks for your crystal clear explanation 💥

[@simbaa..]

@Curious Adil I always omitted economy subject due to less interest But after watching your videos, got some idea about how to go further . Thank you sir

[@CuriousAdil]

Thank you.. Keep Following!

[@praveena.g.v7657]

Such an amazing class , clear cut explanation thank you so much sir.....for your wonderful class

[@nalayini10]

easily understandable sir mind la nikkuthu, thank you sir

[@abiabinaya542]

It's really excellent explanation sir👏👏... Thank you sir🙏

[@Yazhini.DYazhini.D]

very useful us sir thanks a lot

[@afzalhussain5666]

Thank you , Sir .

[@krishnakrishna-dp4yf]

Super explanation sir🙏

[@arunachalamj2564]

Excellent sir

[@anumathiyazhagan2325]

Thanks for your explanation

[@dhanalakshmidhanalakshmi7457]

Thank you for your teaching sir 😊

[@csc.saieshwariv9814]

Thank you Sir❤

[@dharukarikalan]

Thank you so much sir👏🏼

[@simplelearning2703]

@curious adil thank you sir

[@IndianPets-q3i]

@ curiou adil Thank you sir you gave me a clear pic about Economy about prelims and mains.kindly please give a picture like this for governance and international relations

[@sumithrams9694]

Wonderful lecture sir...

[@hemalathamurugesan6484]

Thank you so much sir

[@a.suriyaa.suriya9879]

Sir, your explanation was awesome.But, teaching is very fast.If you teach medium of speed,it will be better for understanding easily....

[@satheeshsatheesh2686]

Thank you sir

[@zakirakanam4525]

What is the type of economy when all sector have equal percentage of share

[@sundareshwarim2334]

Sir agriculture economy manufacturer economy and service economy topic la more than 50 % share vachu categories choose pannuvangganu sonningga sir . If 3 sectors doesn't have more than 50℅ then that country under which category of economy . Example : agri 40℅ ,manufacturing 36% , service 24℅

[@CuriousAdil]

Very good question. The 50% things is not a hard and fast rules, its named based on dominance of one particular sector. Your example will be called Agricultural Economy. If all three sectors contribution are almost equal or minimal difference, then its called Economy in transition.

[@sundareshwarim2334]

@@CuriousAdil ok sir clear. Thank u so much sir

[@guruprasath007]

Thanks sir❤

[@Rahul-km5re]

Sir kindly make separate Playlist for this series

[@CuriousAdil]

Sure. I ll make playlist in my channel. I have made playlists for all my youtube videos in my channel.

[@sivarenjinimoni4249]

Thank you sir 🙂 🙏

[@ranjithm5952]

@curious adil brother gs4 ethis Playlist update pannuga (vision ias 2021) videos ahh??

[@abiabi3216]

Sir what is mobilization of resources?

[@shahul6553]

Sir ..are u planning to complete the TN 12 th economy book? Or important fundamental concepts of it??

[@CuriousAdil]

I am planning to cover fundamentals, incidentally 12th book will be touched.

[@shahul6553]

@@CuriousAdil thanks sir....

[@abiabinaya542]

Sir how to cover current affairs for prelims 2022 sir??

[@mirnalinimanigandan265]

Sir, Why there are more people working in agriculture sector with low GDP contribution on the other hand service sector contributes more to GDP with less people working? Should we try to increase agriculture sector's contribution or need to move the people from depending on agriculture towards other 2 sectors? Is this topic covered in any of your videos kindly mention sir, Thanks @Curious Adil

[@gokulm3639]

In agriculture sector there is a concept called disguised unemployment that is more people involved in doing same work, so same productivity or less productivity when compared to other sectors, which leds to less contribution of agri sector to gdp

[@gomathig1303]

Tq sir useful session... and i haven't obc certificate sir now can apply for prelims in my bc certificate....

[@CuriousAdil]

No, OBC NCL is mandatory.

[@gomathig1303]

@@CuriousAdil tq sir

[@ushanandhinik3199]

Good morning sir,How to learn economy book with Hindu news paper. I did not understand sir .I was born in tamilnadu(sc) marriage came to pondicherry .I have not category,( sc)or( others) .How to make an application upsc exam sir

[@aravindsankar2019]

@Curious Adil Please share ppt link sir

[@jaaziel7210]

@curiousadil Sir I have one doubt when princely leaders like Chandra Gupta, ashoka, where ruling the country what was what was the economic in our country sir.

[@CuriousAdil]

According to Economic Survey 2019-20, Indian Economy was the largest Economy of the world in GDP sense, till Britishers entered. It deteriorated from 19th century onwards.

[@jaaziel7210]

@curiousadil thank You sir. Next one is if socialist economy prevailed in those days. How would they have reached the largest economy in the world. Then why as a socialist economy today we can't reach this stage. In nowadays. Because u said socialist economy leads to a collapse.

[@CuriousAdil]

@@jaaziel7210 Post globalisation, due to integration of world. Socialistic model might not attract investments. Those days world wasnt integrated. Foreign Investments wasn't a thing. Russia alone wouldn't have developed. Only USSR could, due to synergy of various small nations of Europe and Central Asia which was part of it. China never developed till it had communist form of Economy. They became the leaders after adopting Capitalism.

[@jaaziel7210]

@@CuriousAdil THANK YOU SIR.

[@anumathiyazhagan2325]

Sir,NLCIL is a mining and power generation company so it comes under which category .

[@CuriousAdil]

A company can make multiple goods and services. GDP is not taken company wise, its good wise.

[@smartstudytamil]

Sir, economy study how to make good schedule please give me idea

[@CuriousAdil]

I discussed in previous strategy video, 11th NCERT 12th TN Book Any one standard book like shankar Ganesh or Class notes. Finish these and take tests.

[@yuvasrir4006]

@curiousadil sir please provide pdf sir

[@kaleeswarank8093]

Sir are we moving towards complete captialism?

[@CuriousAdil]

100% Capitalism is not possible.. We are Mixed Economy, but the proportion of Capitalistic elements are higher than socialistic.

[@kaleeswarank8093]

@@CuriousAdil thank you sir

[@mr.Mahadev1484]

Sir.. 2021 after prelims current issues related... Class move pannunga

[@CuriousAdil]

I am teaching Indian Economy fundamentals. For current affairs refer Ganesh sir classes in same channel.

[@sandhiyam-q2e]

😮😮❤

[@indujar4308]

Sir wholesale dealer comes under which sector?

[@CuriousAdil]

All shops are service sector.

[@crazyqueen5093]

Sir, Actually electricity is natural one from the message of scientists But our India consider that as secondary sector why sir

[@rohithkarthikeyan4855]

Because of the electricity that we get from processing or of coal which acts as secondary sector

[@தமிழ்-ற6ர]

நன்றி நன்றி

[@Theflimcreator]

Thalaiva agregate demand podunga

[@nirmalas1317]

In state level public welfare producing you have told sir then why they produce tasmark service?

[@nirmalas1317]

In state economy tasmark is a public welfare ah sir ?

[@guruprasath007]

By govt involving in it, the govt can regulate it and also avoid the kalla saarayam which is alternative to liquor

[@ayshaa2890]

Hi

[@souga9355]

Thank you sir ❤️

[@antofrank9708]

Thank you sir

[@bhuvanak236]

Thank you sir