classification of economies

2.  NATURE OF THE ECONOMIC
 STRUCTURE OF THE ECONOMIC
 ECONOMIC POLICES
 ECONOMIC CONDITIONS
 ECONOMIC ROLES OF GOVERNMENT IN
INDIA

3.  Economy has significant bearing on the
nature and size demand, government
policies affecting business etc.
 Countries, and even different regions
within a country, show great differences
in the level and pattern of economic.

4. Low Income
Economies
Middle Income
Economies
High Income
Economies

5.  low income economies –GNI per capital of
country is $1045 or less
 High income economies –GNP per capital of
country is $ 12736 or more
 Middle income economies -
GNP per
capital
between $
1046 and $
4125
Lower middle
income eco.
GNP per
capital
between
$4126 and
$12735
Upper middle income
eco.

7.  Developing economies/countries – In which
has a slow rate of industrialization and low
per capital income, unemployment and
poverty, rates, living condition, growth ,
standard of living, distribution of income,
factors of production.

8. INDIA , CHINA , COLOMBIA , KENYA , MALAYSIA ,
SRI LANKA , THAILAND , U.A.E. , as many 159
Developing countries in the world .

9.  Developed economies/countries - In which
has a high rate of industrialization and high
per capital income, unemployment and poverty
is very low, rates, living condition, growth ,
standard of living, distribution of income,
factors of production.

10.  AUSTRALIA , CANADA , FRANCE, ITALY, NAORWAY , UNITED
STATES as many around 47 Developed countries in the world.

11.  The changing in balance of output,
trade, incomes, and employment
from different economic sectors .

PRIMARY SECTOR -
• (agriculture, forestry, fishing and mining.)
SECONDARY SECTOR -
• (manufactured goods, industrials.)
TERTIARY SECTOR -
• ( produces services, tourism, banking. )

12. STRUCTURE OF ECONOMY

13. INDUSTIAL
POLICY
TRADE
POLICY
MONETARY
POLICY
FOREIGN
INVESTMENT
AND
TECH.POLICY
FISCAL
POLICY
FOREIGN
EXCHANGE
POLICY

14. Currently only five industries are under compulsory
licensing mainly on environment and safety. They are:
(1)Alcoholic drinks (2)Tobacco and manufactured tobacco
substitutes(3)Electronic aerospace and defense
equipment (4)Industrial explosives
(5)Specified hazardous chemicals.
INDUSTRIAL POLICY

15. TRADE POLICY
Particularly to restrict imports.

16. c. Foreign exchange policy - Encouraged cross-border
movement of capital or conversion of one currency into
another currency. The largest trading
centers are london, New york, singapore, and tokyo.
d. Foreign Investment and technology policy - Any
government regulation or low that encourage or
discourages foreign investment in the local economy.

17. e) Fiscal policy - Government strategy in respect of
public expenditure and revenue it may be affect the
development of various region , sectors, or
industries differently. Govt. mainly adjusts taxation
policy acc. To situation.

19. f. Monetary policy- Deals with the money supply , lending
rates and interest rates to ensure price stability this
policy administered or control by a central bank. Central
bank may adopt "neutral ” monetary policy, also called
“natural ” or “equilibrium” rate.

21. SLR CRR MSF REP
O
Reverse
REPO
BAS
E
RAT
E
21.25 4 7 6.5 6 9.3

22.  RECESSION
 ECO. CRISIS, SLUMP, DEPRESSION
 PROSPERITY

23. I. REGULATORY ROLE -

24. ii. PROMOTIONAL ROLE -

25. iii. ENTREPRENEURIAL ROLE -

26. iv. PLANNING ROLE -

27. THANK YOU