Economy, asked by gangamma190439, 1 year ago

'India could not develop a sound industrial sector under colonial rule. Justify the statement

Answers

Answered by cuttiepie31
81
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Answered by setukumar345
0

Concept introduction :

Under colonial control, India was unable to establish a strong industrial foundation. Even the nation's well-known crafts businesses saw a slump. No comparable modern industrial foundation was permitted to emerge to take over the former's long-held throne. The main causes of the slow rate of population increase during the British administration were poverty, hunger, famines, epidemics, and insufficient health care facilities. The main factor contributing to the slow economic growth during the British administration was the government's policies. The jute business suffered the most because of the division. As a result, under the British administration, Indian agriculture became outdated, unmoving, and non-vibrant.

Explanation:

We have been given the phrase, "India could not develop a sound industrial sector under the colonial rule".

We have to justify the statement.

When industries are strategically positioned and well-established, an economy is said to have a sound industrial basis. The existence of several capital goods and core industries serves as an identifying feature. An unbalanced infrastructure made it difficult or slow for businesses to expand. Additionally, the lack of heavy and basic industries hampered growth. During the colonial era, India was unable to establish a solid and robust industrial basis. The term "systematic deindustrialization" accurately describes the state of the industrial sector during the British administration.

Final Answer:

Under colonial control, India was unable to establish a strong industrial foundation.

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