627View
7m 41sLenght
2Rating

Economics (Grade 11): High School Learning; Chapter 3 | Liberalization, Privatization & Globalization | Central Problems of an Economy | Part 1; Central Problems of an Economy (00:00:28- 00:04:06) 1) Poor performance of Public Sector 2) Deficit in Balance of Payment (BOP) 3) Inflationary Pressure 4) Fall in Foreign Exchange Reserves 5) Huge Burden of Debts 6) Inefficient Management Financial help from International Agencies (00:04:07- 00:05:19) - crisis of 1991 forced India for Financial Help from IMF & World Bank The New Economic Policy (NEP) (00:05:21- 00:06:31) - NEP was announced in July, 1991 with the aim to create more Competitive Environment for the Businesses. Features of NEP (00:06:32- 00:07:21) -Liberalization -Globalization -Privatization Video by Edupedia World (www.edupediaworld.com), Free Online Education; Click here https://www.youtube.com/playlist?list=PLJumA3phskPEMUx8BE3D2Fnc3NlmHa0uq for more videos on Economics (Grade 11); All Rights Reserved.