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APPSC Group 2 Indian Economy Free Online Lesson 1. This online lecture helps the first timers and beginners in Economy to gain a conceptual knowledge that sets a baseline for understanding future lessons. APPSC Group 2 Exam 2016 syllabus topics are also covered. Subscribe to Winners Academy to receive updates on new Lessons release. Telugu meanings of Economy Terminology: Economy= ఆర్థిక వ్యవస్థ Economics= ఆర్థిక శాస్త్రం Production=ఉత్పత్తి Consumption=వినియోగం Goods=వస్తువులు Services=సేవలు Recession = మాంద్యం Socialist Economy = సామ్యవాద ఆర్దిక వ్యవస్థ Mixed Economy = మిశ్రమ ఆర్దిక వ్యవస్థ Capitalist Economy = పెట్టుబడిదారీ ఆర్థిక వ్యవస్థ 2016 Topics Explained in Indian Economy Lesson 1: Do I need any background to understand Economy? Economy vs Economics What is Economy ? Why do we need Economy? Basic Units of Economy Main Sectors of Economy Types of Economic Systems Economic Process Branches of Economics --------------------------------------------------------- APPSC Group 2 2016 Indian Economy Prelims Syllabus: Economic Development of India : Economy in Medieval India (12th Century – 18Th Century) Pre-Independence Indian economy (Economy during Europeans & British Raj) Development Plans and Economic Industrial Policies of Independent India (1947-2016) Liberalizations, Privatization, Globalization (LPG -1991 Reforms) Labour Policies of Union and State Governments (Policies /Schemes/Acts) Role of Agriculture and Green Revolution in India (Primary Sector 1960’s) Economic disparities between regions and population categories #Economy #IndianEconomy #TSPSC #APPSC #UPSC #Finance #Economics Economy 101 Indian Economy Fundamental concepts APPSC Group 1 Economy First Lesson Primary mean "One" Secondary means "Two" Tertiary means "Three" Quarternary means "Four" Quinary means "Five" Quarternary Sector: The quaternary sector of the economy is a way to describe a knowledge-based part of the economy which typically includes services examples: IT Media, R&D, Innovation, Even Bloggers fall into this Quinary: The quinary sector is the branch of a country's economy where high-level decisions are made by top-level executives in the government, industry, business, education, media and nonprofit organizations