Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsPOVERTY3 Marks
Question
Roots of Indian poverty date back to the British era. Explain.
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Answer
History says that in $17th$ century India was comparatively a more urbanized and most commercialized nation. India had a stronghold in export of items like cotton textile, silk, spices, paddy, etc. India was ruined after the entry of foreign rulers namely, British, French and Dutch and their colonization. The British did not show any interest in investing money in irrigation project in India. On the other hand repeated drought, zamindari system, high tenancy santh system destroyed economic condition of the farmers. The British used to frame and follow such trade, tax and industrial policies in India which could benefit mostly the British. Thus, both industries and agriculture got ruined during the British rule.
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