What do you understand by the term de industrialisation? What was its impact on the Indian economy?
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Answer:
De-industrialization is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially of heavy industry or manufacturing industry. It is the opposite of industrialization.
It had an effect on the indian economy as the british has bough machinery which replaced the craftsmen and artisans of india.
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Explanation:
Abolishment of industries on mega scale. It really negative effects on any country's economy and social services and development
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