why capitalism is bad for India
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in our country their are different kind of people with different economic status the persons that have more money or are rich are consider as captalist and when their domination is their it is known as captalism and if their is captalism in india then poor wiil suffer and their rights will suffer means democracy will be violated so captalism is bad for india
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Hey!
Capitalism is bad for India due to several factors.
<> In capitalism, Markets get profit and there is a big difference between the goods producers and the sellers. In this the rich persons become more rich and poor remains poor which led to poverty.
<>Capitalism led to the increase in national debt. The debt kept increase because backing sector was not supervised the laws.
<> In 18th century, Capitalism led to a general increase in prices and fall in the purchasing value of money.
Hope It Helps You!
Capitalism is bad for India due to several factors.
<> In capitalism, Markets get profit and there is a big difference between the goods producers and the sellers. In this the rich persons become more rich and poor remains poor which led to poverty.
<>Capitalism led to the increase in national debt. The debt kept increase because backing sector was not supervised the laws.
<> In 18th century, Capitalism led to a general increase in prices and fall in the purchasing value of money.
Hope It Helps You!
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