Question

Explain the reasons behind the slow growth of industries.​

Answer 1

Answer:

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Excessive dependence on agriculture and low land-man ratio, inferior soils, poor ratio of capital equipment, problems of land holding and tenures, tenancy rights etc. are also responsible for slow growth of agricultural productivity which, in turn, in also responsible for slow growth of national income.

MARK AS BRAINLIEST

Answer 2

In the author's view, the strongest political force in the country, even more powerful than the kulak and the bourgeoisie is the petty-bourgeois haute-proletarian with a little education and less property. It was this class that inherited power from the British. It is members of this class who flock the unemployment markets and who have required the proliferation of the public enterprises and the small enterprises. The high capital-output ratios are one of the results of the petty-proles trying to squeeze, in ever-increasing numbers, into an industrial base that is not growing fast enough. There is hence a situation which is incapable of expansion, as the petty-proles have a minimum-work ethic and absorb all the meagre surpluses through wanting and exacting jobs. They are the ones who form the main youth axis of any agitation in the country. When finally the system grinds to a halt where government investment can just maintain the industrial base but cannot expand industrial employment, the petty-prole class will rise in revolt against a system that employs them but fails to exploit them. This paper argues against the presently fashionable theses about the political-economic crisis in the system with reference to facts and figures commonly quoted.

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