What are the historical causes of low level of economic development in India
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Low per capita income. Huge dependence of population on agriculture. Heavy population pressure. The existence of chronic unemployment and under-employment.
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Low rate of economic development leads to poverty: Physical and natural resources are underutilised because of lack of technology, capital and entrepreneurial ability. ... Primitive technology of production occurs in the agricultural sector. They lack irrigation facilities, fertilisers and high-yielding variety of seeds.
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