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Upsc economy notes

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Logo of telegram channel upsc_economy_notes — Upsc economy notes
Channel address: @upsc_economy_notes
Categories: Economics
Language: English
Subscribers: 297
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This channel is created with an aim to provide UPSC specific notes of Economy for both prelims and mains.
Do not copy or forward post without permission.
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The latest Messages 5

2021-07-28 18:30:07
URBAN SECTOR

One-third of the total population in India live in the urban sector. It consists of towns and cities.

People residing in this sector are mainly engaged in either secondary sector or tertiary sector.
2.0K views15:30
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2021-07-27 18:30:11
ON THE BASIS OF HABITATION

1. RURAL SECTOR
:

According to M.K. Gandhi, "India lives in villages".About 65% of the total population in India reside in rural areas.

The main occupations of the people of this sector are agriculture and allied
activities.
415 views15:30
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2021-07-27 17:30:05
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674 views14:30
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2021-07-27 16:30:06
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1.0K views13:30
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2021-07-27 07:30:04
ON THE BASIS OF HABITATION

1. RURAL SECTOR
:

According to M.K. Gandhi, "India lives in villages".About 65% of the total population in India reside in rural areas.

The main occupations of the people of this sector are agriculture and allied
activities.
1.7K viewsedited  04:30
Open / Comment
2021-07-26 07:30:08
PRIVATE SECTOR

It comprises of all the economic
enterprises which are controlled and
managed by the private enterprises.All
the privately-owned production units
make up the private sector.

These units will produce and sell the goods and services to the people with an objective of the profit motive.
2.2K views04:30
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2021-07-25 07:30:05
On the basis of Ownership or
Organization
:

PUBLIC SECTOR

It consists of all the economic
organizations that are controlled and
managed by the government. All the
government-owned production units comprise the public sector.

These units are involved in the production and distribution of goods and services among the common mass with an objective of welfare motives.
2.9K views04:30
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2021-07-23 08:30:09
SERVICE OR TERTIARY SECTOR :

This sector includes different services like transport, communication, banking,insurance, trade and commerce, including both national and international trade.

In addition to these,all professional
services like doctors, engineers, teachers,lawyers etc. come under the service sector.

Again the services provided by the
government for the welfare of citizens
are also included in the tertiary sector.
3.6K views05:30
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2021-07-21 08:30:07
SECONDARY OR MANUFACTURING SECTOR

This sector is also known as the industrial sector. In this sector, all types of manufacturing sector like large -scale, small-scale and tiny scale are included.

Small scale industries include clothes,candle, poultry, matchbox, handloom, toys etc. These units provide huge employment.

Whereas large scale industries like iron and steel, heavy engineering, chemicals,fertilizers, shipbuilding etc. contribute a large amount to our gros domestic product.
6.9K views05:30
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2021-07-20 08:30:08
ON THE BASIS OF PRODUCTION

1. Primary or Agricultural Sector :

This sector comprises of agriculture and its allied activities including dairy, poultry,cattle rearing, fishing, forestry, animal husbandry etc. Regarding the primary sector, most of the goods are produced by using natural resources.

Since India is an overpopulated agro-based econommy, hence, this sector plays an important role in economic growth.
5.5K views05:30
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