at the time of independence,Indian economy was a_______ economy.
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When India declared its independence in 1947, its GDP was a mere 2.7 lakh crore accounting for a paltry 3 per cent of the world's total GDP. In 2018, India leapfrogged France to become the fifth largest economy in the world, now behind only the United States, China, Japan, and Germany.
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At the time of independence,Indian economy was a Backward Economy.
Our economy has been subjected to massive exploitation.
Our natural resources, including as iron ores and gold mines, as well as our riches and personnel, were heavily exploited.
The Indian economy demonstrated poor/low economic growth on the eve of independence as a result of these crimes.
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