Indian Economy on The Eve of Independence
Were there any positive contributions made by the British in India? Discuss.
The contribution of the British rule can be studied as follows:
1. Development of means of transport, especially railways and communciation.
2. Political and economic unification of the country.
3. Evolution of banking and monetary system.
4. Introduction of the modern techniques of production and management.
5. Evolution of new social order based on progressive ideas.
6. Stability, peace and order.
7. Emergence of market economy and capital enterprise.
8. Introduction of new system of education.
9. Establishment of civil laws and courts.
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What is meant by subsistence agriculture?
What do you mean by commercialization of agriculture?
Define tertiary sector.
Define occupational structure.
What is productivity in agriculture?
Name the economists who estimated India's per capita incom eduring the colonial period?
What is meant by infant mortality rate?
What is life expectancy?
What was the state of secondary sector of the Indian economy on the eve of independence?
What was the state of tertiary sector of the Indian economy on the eve of independence?
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