capitalist economy

types of
socialist economy
economies:
mixed economy

increase in the countries capacity to produce

goods and services
growth indian economy
steady increase in the gdp of the country
1950-1990
introducing newer technologies and using
them for higher rate of production
modernisation
modernisation also suggests changing the
social outlook of the country and giving
women equal rights as men.
goals of five year plans
a country should focus on making itself self
efficient/reliable and use its own resources
for production purposes.
self reliance
reducing imports of goods and services

treating every individual of the country with

equal regards and providing them the basic
equity
needs required, such as: food, health care,
education etc