advantages and disadvantages of Sri Lankan
Answers
Explanation:
Advantages
· Generated the new source of income by exporting plantation product.
· Increased the foreign direct investment inflows to Sri Lanka by foreign investors invested their money in the plantation industry. (Bandarage, 1950) (Appendix A)
· Expanded The opportunities for trading Sri Lankan products in different foreign countries. Especially Ceylon tea had become a staple of the British market bringing great wealth to a small number of white tea planters. Crops such as tea, rubber, etc. Still, bring wealth to Sri Lanka today. (History of Sri Lanks Towards Independence, 2008)
· A network Of roads and railroads were built in the country to the success of the plantation. It is still useful for the convenience of transportation and traveling. (Appendix B)
· Plantation agriculture continuously contribute to a considerable part of Sri Lanka Gross Domestic Production, because of increased additional export earning sources. (Appendix C)
Disadvantages
· The the government sold lands at a prevailing minimum upset price which was 5 shilling an Acre until 1844 and 20 shillings after that. A large proportion of land in the Island bough from the crown and resold to other parties at a huge profit margin. Most of the foreign peoples who are owners of these land still earn huge profits from this land. (Appendix A)
· Most Sri Lankan people had disentitled their lands which did not have documentary evidence and clear many cutting forests for Plantation.
· The Domestic production of rice fell short of the domestic demand, and rice had to be imported. (Bandarage, 1950) (Appendix D & E)
· Because of rice was produced primarily to the domestic market, most of the people who engaged in rice cultivation lost their source of income due to reducing cultivation. (Watkins)
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