How industrialization of India was peculiar in comparison to other countries in the beginning of the twentieth century?
Answers
The import of manufactured goods has been greatly minimized while on the other hand, import of India's engineering goods has been maximized. Industrialization also brought the growth of managerial and technical skills which increased the efficacy in operations.
The industrial revolution entered India in 1854 when Bombay opened its first steam-powered cotton mill in Asia. Initially, the growth was slow, and the expansion of these modernised cotton mills was not done until the 1870s and 1880s. India now has the world's sixth-largest economy.By 2000, the per capita income in fully industrialized countries was 52 times greater than in non-industrial countries. Industrialization disrupts and displaces traditional labor, encouraging workers towards a more valuable and productive activity that is accompanied by better capital goods.Indian farmers were forced to produce cotton plantation so that it can fuel English factories as India was then under British rule. 4. Industrial Revolution brought severe consequences to society. Farmers were forced to grow cash crops in place of food crops, which resulted in awfully deadly famines in India.
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