Why did india gdp per capita dipped between 1965 to 1970?
Answers
Answer:
ᴛʜᴇ ᴇᴄᴏɴᴏᴍɪᴄ ʜɪsᴛᴏʀʏ ᴏғ ɪɴᴅɪᴀ ʙᴇɢɪɴs ᴡɪᴛʜ ᴛʜᴇ ɪɴᴅᴜs ᴠᴀʟʟᴇʏ ᴄɪᴠɪʟɪsᴀᴛɪᴏɴ (– ʙᴄᴇ), ᴡʜᴏsᴇ ᴇᴄᴏɴᴏᴍʏ ᴀᴘᴘᴇᴀʀs ᴛᴏ ʜᴀᴠᴇ ᴅᴇᴘᴇɴᴅᴇᴅ sɪɢɴɪғɪᴄᴀɴᴛʟʏ ᴏɴ ᴛʀᴀᴅᴇ ᴀɴᴅ ᴇxᴀᴍᴘʟᴇs ᴏғ ᴏᴠᴇʀsᴇᴀs ᴛʀᴀᴅᴇ. ᴛʜᴇ ᴠᴇᴅɪᴄ ᴘᴇʀɪᴏᴅ sᴀᴡ ᴄᴏᴜɴᴛᴀʙʟᴇ ᴜɴɪᴛs ᴏғ ᴘʀᴇᴄɪᴏᴜs ᴍᴇᴛᴀʟ ʙᴇɪɴɢ ᴜsᴇᴅ ғᴏʀ ᴇxᴄʜᴀɴɢᴇ. ᴛʜᴇ ᴛᴇʀᴍ ɴɪsʜᴋᴀ ᴀᴘᴘᴇᴀʀs ɪɴ ᴛʜɪs sᴇɴsᴇ ɪɴ ᴛʜᴇ ʀɪɢᴠᴇᴅᴀ.[] ʜɪsᴛᴏʀɪᴄᴀʟʟʏ, ɪɴᴅɪᴀ ᴡᴀs ᴛʜᴇ ʟᴀʀɢᴇsᴛ ᴇᴄᴏɴᴏᴍʏ ɪɴ ᴛʜᴇ ᴡᴏʀʟᴅ ғᴏʀ ᴍᴏsᴛ ᴏғ ᴛʜᴇ ɴᴇxᴛ ᴛʜʀᴇᴇ ᴍɪʟʟᴇɴɴɪᴀ, sᴛᴀʀᴛɪɴɢ ᴀʀᴏᴜɴᴅ ᴛʜᴇ sᴛ ᴍɪʟʟᴇɴɴɪᴀ ʙᴄᴇ ᴀɴᴅ ᴇɴᴅɪɴɢ ᴀʀᴏᴜɴᴅ ᴛʜᴇ ʙᴇɢɪɴɴɪɴɢ ᴏғ ʙʀɪᴛɪsʜ ʀᴜʟᴇ ɪɴ ɪɴᴅɪᴀ.[]
ᴀʀᴏᴜɴᴅ ʙᴄᴇ, ᴛʜᴇ ᴍᴀʜᴀᴊᴀɴᴀᴘᴀᴅᴀs ᴍɪɴᴛᴇᴅ ᴘᴜɴᴄʜ-ᴍᴀʀᴋᴇᴅ sɪʟᴠᴇʀ ᴄᴏɪɴs. ᴛʜᴇ ᴘᴇʀɪᴏᴅ ᴡᴀs ᴍᴀʀᴋᴇᴅ ʙʏ ɪɴᴛᴇɴsɪᴠᴇ ᴛʀᴀᴅᴇ ᴀᴄᴛɪᴠɪᴛʏ ᴀɴᴅ ᴜʀʙᴀɴ ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ. ʙʏ ʙᴄᴇ, ᴛʜᴇ ᴍᴀᴜʀʏᴀ ᴇᴍᴘɪʀᴇ ʜᴀᴅ ᴜɴɪᴛᴇᴅ ᴍᴏsᴛ ᴏғ ᴛʜᴇ ɪɴᴅɪᴀɴ sᴜʙᴄᴏɴᴛɪɴᴇɴᴛ ᴇxᴄᴇᴘᴛ ᴛᴀᴍɪʟᴀᴋᴀᴍ, ᴡʜɪᴄʜ ᴡᴀs ʀᴜʟᴇᴅ ʙʏ ᴛʜʀᴇᴇ ᴄʀᴏᴡɴᴇᴅ ᴋɪɴɢs. ᴛʜᴇ ʀᴇsᴜʟᴛɪɴɢ ᴘᴏʟɪᴛɪᴄᴀʟ ᴜɴɪᴛʏ ᴀɴᴅ ᴍɪʟɪᴛᴀʀʏ sᴇᴄᴜʀɪᴛʏ ᴀʟʟᴏᴡᴇᴅ ғᴏʀ ᴀ ᴄᴏᴍᴍᴏɴ ᴇᴄᴏɴᴏᴍɪᴄ sʏsᴛᴇᴍ ᴀɴᴅ ᴇɴʜᴀɴᴄᴇᴅ ᴛʀᴀᴅᴇ ᴀɴᴅ ᴄᴏᴍᴍᴇʀᴄᴇ, ᴡɪᴛʜ ɪɴᴄʀᴇᴀsᴇᴅ ᴀɢʀɪᴄᴜʟᴛᴜʀᴀʟ ᴘʀᴏᴅᴜᴄᴛɪᴠɪᴛʏ.
ᴛʜᴇ ᴍᴀᴜʀʏᴀ ᴇᴍᴘɪʀᴇ ᴡᴀs ғᴏʟʟᴏᴡᴇᴅ ʙʏ ᴄʟᴀssɪᴄᴀʟ ᴀɴᴅ ᴇᴀʀʟʏ ᴍᴇᴅɪᴇᴠᴀʟ ᴋɪɴɢᴅᴏᴍs, ɪɴᴄʟᴜᴅɪɴɢ ᴛʜᴇ ᴄʜᴏʟᴀs, ᴘᴀɴᴅʏᴀs, ᴄʜᴇʀᴀs, ɢᴜᴘᴛᴀs, ᴡᴇsᴛᴇʀɴ ɢᴀɴɢᴀs, ʜᴀʀsʜᴀ, ᴘᴀʟᴀs, ʀᴀsʜᴛʀᴀᴋᴜᴛᴀs ᴀɴᴅ ʜᴏʏsᴀʟᴀs. ᴛʜᴇ ɪɴᴅɪᴀɴ sᴜʙᴄᴏɴᴛɪɴᴇɴᴛ ʜᴀᴅ ᴛʜᴇ ʟᴀʀɢᴇsᴛ ᴇᴄᴏɴᴏᴍʏ ᴏғ ᴀɴʏ ʀᴇɢɪᴏɴ ɪɴ ᴛʜᴇ ᴡᴏʀʟᴅ ғᴏʀ ᴍᴏsᴛ ᴏғ ᴛʜᴇ ɪɴᴛᴇʀᴠᴀʟ ʙᴇᴛᴡᴇᴇɴ ᴛʜᴇ sᴛ ᴄᴇɴᴛᴜʀʏ ᴀɴᴅ ᴛʜ ᴄᴇɴᴛᴜʀʏ.[][][][] ᴜᴘ ᴜɴᴛɪʟ ᴄᴇ, ɪᴛs ɢᴅᴘ ᴘᴇʀ ᴄᴀᴘɪᴛᴀ ᴡᴀs ɴᴏᴛ ᴍᴜᴄʜ ʜɪɢʜᴇʀ ᴛʜᴀɴ sᴜʙsɪsᴛᴇɴᴄᴇ ʟᴇᴠᴇʟ.[]
Explanation:
ғᴏʟʟᴏᴡ ᴋᴀʀᴏ....✌✌