Indian economy

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Indian economy

  1. 1. Adam smith<br />
  2. 2. Indian Economy(1950-1990)<br />
  3. 3. Types Of Economic Systems:<br />
  4. 4. Capitalist economy<br />
  5. 5. Socialist Economy:<br />
  6. 6. China an example of a modern socialist country. <br />
  7. 7. Mixed Economy<br />
  8. 8. Three important decisions taken by a economy:<br />1.What to produce?<br />2.How to produce?<br />3.For whom to produce? <br />
  9. 9. Goals of FIVE year plan:<br />
  10. 10. 1.GROWTH<br />GROWTH = GROWTH IN GDP<br />
  11. 11. 2. MODERNISATION<br />
  12. 12. 3. SELF RELIANCE<br />“It means relying on one self.”<br />
  13. 13. 4. EQUITY<br />WITHOUT EQUITY SELF RELIANCE,GROWTH, BECOME MEANINGLESS...<br />
  14. 14. AGRICULTURE<br />
  15. 15. 1.LAND REFORMS<br />
  16. 16. 2.GREEN REVOLUTION<br />
  17. 17. SUBSIDIES<br />Q.1.SUBSIDIES FOR WHAT?<br />Q.2 IS IT GOOD FOR ECONOMY LIKE INDIA?<br />Q.3 DO THEYBENEFITPOOR?<br />
  18. 18.
  19. 19. IMPORT SUBSTITUTION:<br /><ul><li>PROTECTION
  20. 20. TARIFFS
  21. 21. QUOTAS</li></li></ul><li>CONCLUSION<br />Indian Economy had a great time from 1950-1990.<br />

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