Question

Main point of feature of indian economy at independent

Answer 1

Answer:1. Indian Economy-Underdeveloped:

(i) Low Per Capita Income:

(ii) Poor Infrastructure:

(iii) Dependence on Imports:

(iv) Illiteracy:

(v) Agricultural economy:

(vi) Low Development of Industries:

2. Stagnant Economy:

3. Semi-Feudal Economy:

4. Depreciated Economy:

5. Pre-dominance of Agriculture:

6. Underutilized Natural Resources:

7. Heavy Population Pressure:

8. Capital Deficiency:

9. Famines:

10. Industrial Backwardness:

11. Low Levels of Living:

12. Lack of Social Overhead Capital:

13. Widespread Unemployment:

14. Income Disparities:

15. Absence of Enterprise and Initiative:

Explanation: