Explain any four negative effects of economics reforms,1991.
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these are the effects of new economic reforms... 1991
Decline of cottage industry:
Throughout, India has been proud of her rural cottage industries. The silk produced by the village-weavers had been a source of attraction all over the world. With the advent of heavy mechanical industriesbegan the chapter of the decline of our village cottage industries.
Mass migration from rural areas:
Another attackis that with the creation of heavy mechanized industries in the urban areas, the rural population would start mass-migration into town and cities, thereby making the unemployment problem more acute and complex.
Depletion of natural resources:
Due to industrialization, there is constant depletion of natural resources. Many industries are poweredby thermal power plants that consumes coal. Since, large industries are spread over many acres of land, agricultural lands and forests are often cleared to make available the required land.
Pollution:Large industries emits many harmful gases into the environment. The introduction of harmful chemicals into air leads to air-pollution. The noises that it produces leads to noise-pollution.Increase of war-like situation: Out of the degenerating effects of heavy industries is borncontention. In developed nations, most of theseHeavy industries are engaged in the production of war materials. With a lot of war weapons in hands, there has been an increase in war-like situation among countries.
Decline of cottage industry:
Throughout, India has been proud of her rural cottage industries. The silk produced by the village-weavers had been a source of attraction all over the world. With the advent of heavy mechanical industriesbegan the chapter of the decline of our village cottage industries.
Mass migration from rural areas:
Another attackis that with the creation of heavy mechanized industries in the urban areas, the rural population would start mass-migration into town and cities, thereby making the unemployment problem more acute and complex.
Depletion of natural resources:
Due to industrialization, there is constant depletion of natural resources. Many industries are poweredby thermal power plants that consumes coal. Since, large industries are spread over many acres of land, agricultural lands and forests are often cleared to make available the required land.
Pollution:Large industries emits many harmful gases into the environment. The introduction of harmful chemicals into air leads to air-pollution. The noises that it produces leads to noise-pollution.Increase of war-like situation: Out of the degenerating effects of heavy industries is borncontention. In developed nations, most of theseHeavy industries are engaged in the production of war materials. With a lot of war weapons in hands, there has been an increase in war-like situation among countries.
mansichaudhary571:
Thx for the ans...
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1. Demonatisation
2. National sovereignty at stake
3. Decline in demand for domestic production
4. Leads to commercial and political colonialism.
Hope this helps
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