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Question
Which of the following is indirectly responsible for India's low economic growth?
Which of the following is indirectly responsible for India's low economic growth?
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Solution
The correct option is B Industrial Revolution in Britain
The Industrial Revolution in Britain introduced advanced technologies that enabled increased production of finished goods. The raw material for goods were sourced from India and other colonies of Britain. The exploitation of resources led to the decline of traditional textile industries. This stagnated productivity and led to low economic growth in India and other such countries.
The Industrial Revolution in Britain introduced advanced technologies that enabled increased production of finished goods. The raw material for goods were sourced from India and other colonies of Britain. The exploitation of resources led to the decline of traditional textile industries. This stagnated productivity and led to low economic growth in India and other such countries.
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