It is good to realize that Adobe Raw often offers different ways to do similar things, and these tool choices are not necessarily the same effect.
For example, the Contrast slider on the Basic tab appears to be a simplest Contrast tool, like in any photo editor, which simply moves the white point and black point both inward toward each other, for whiter whites and blacker blacks, but this is done by clipping both ends equally. This is my Opinion of what it does, but it sure does look that way in the histogram. Clearly seems obvious. It is expected, because it is how generic Contrast sliders work in most programs, and this is another one. And it is also true in Photoshop.
Whereas, the Curve Tool tab offers a S curve, also whiter whites and blacker blacks (which is more contrast), but leaves the actual end points unchanged, no clipping. This is much better, much more sophisticated. Its standard choices (Medium and Strong contrast) are good, or Custom allows grabbing the curve to move it as you wish.
The first thing we learned back in the day was to NOT use the simple Contrast and Brightness sliders (they are too dumb), but to instead use the Levels sliders directly (not necessarily equally, but to see and judge clipping, etc), or to use the Curve Tool.
If you want the end points moved, Exposure and Blacks does that. These two are just the White Point and Black Point in Levels (except they are bidirectional, combining Input and Output sliders in Levels).
For example, to make an image brighter...
One way is Exposure, which is simply the White Point in Levels. Works well when it needs exposure, but if done a bit too much to be brighter, it clips the highlights.
Another (old standard classic way) is to raise the mid point of the curve tool (this is also the center slider in Levels). This makes middle and dark areas brighter (basically it is the gamma curve), but it does not clip the end points.
Anyway, there are different ways, not all the same.
Saturation...
The camera JPGs have Picture Controls (for example Vivid), and some models have the auto Scene modes (for example, Landscape, which also does Vivid). Novices coming from Vivid JPG to flat Raw are not always impressed.

We do tend to like Vivid at first, until it gets old (fast). Neutral has a lot to be said for it too.
Raw does not include that Vivid setting from the camera. We get a flat unprocessed image in Raw. But the Adobe Raw Camera Calibration tab offers various profiles, Adobe Standard, or Camera Standard, or Camera Vivid, etc. Raw can do all the same things, but we have the advantage of seeing it first, to see the need, and compare the result, and to refuse it if we prefer, individually. This is in contrast with setting it in the camera last month, and hoping for the best. Saying, Raw is sort of for those who actually care.
We possibly might want Curve Medium Contrast as default, maybe, but profiles like Camera Standard will do a bit of contrast too. Remember though, our pictures are very varied, landscapes one day, portraits next day, etc. One size may not fit all, and its good to see it first (before and after, to judge it). Same with Vivid, hard to imagine it as Default. Seems good to see it first. I think the same for Lens Profile (distortion and vignetting), in that we can see when we need it, which is not very often. Just one opinion.
For multiple images, it is easy to apply the setting to all images in the batch with the same one click, without always having it in every picture we ever take.