Economy Lecture 3 | Capitalism & Socialism | By Abhishek Shukla Sir | UPSC Exam

Dive into the fundamentals of economic systems with Abhishek Shukla Sir in this insightful lecture tailored for UPSC aspirants. In Economy Lecture 3, explore the core principles of Capitalism and Socialism—understand how these contrasting ideologies shape economies, influence policies, and impact societies worldwide. Gain clarity on key concepts, advantages, and challenges associated with each system, empowering you to critically analyze economic frameworks. Whether you're preparing for competitive exams or simply curious about economic theories, this lecture breaks down complex ideas into easy-to-grasp explanations. Watch now to strengthen your economic understanding and boost your UPSC preparation with expert guidance!