the industrial development pattern on the eve of independence
Answers
Answer:
Although India was a very independent economy before the British rule, towards the end, it was exhausted. The Indian economy on the eve of independence was struggling to find the path. Since all the policies that the British were framing only promote their interests, we were diverging from prosperity.
Answer:
Explanation:
The industrial development pattern on the eve of independence was characterized by the following-
1-thr public sector enterprises such as railway,power,post and telegraph were confined to areas which would enlarge the size of market for british products in india..
2-the industrial growth was lopsided,in the sense that consumer goods industry was not adequately supported by the captial good industry...
3-no priority was given for the development of basic and heavy industries, Tata iron industries .Tata iron and steel corporation(TISCO) established in 1907,was the only basic industry in india...
4-pattern of development in the industrial sector was lopsided and was dominated by the presence of small industries (31/) and large industries (43/) ,but few medium industries...