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Why was the Indian economy called an agricultural economy on the eve of Independence?
Why was the Indian economy called an agricultural economy on the eve of Independence?
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Solution
Indian economy was called an agricultural economy on the eve of Independence because about 70- 75% of the population was dependent on agriculture for their livelihood, either directly or indirectly.
Indian economy was called an agricultural economy on the eve of Independence because about 70- 75% of the population was dependent on agriculture for their livelihood, either directly or indirectly.
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