X was staying in Vietnam in 1930. He was confused whether to open a factory or venture into agriculture. Looking at the market, he chose agriculture. Which of the following could be the reasons for this decision?
A
Industrialisation was encouraged by the French.
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B
Presence of good irrigation network.
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C
Presence of export infrastructure for agricultural produce.
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D
Availability of bonded labour.
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Solution
The correct options are B Presence of good irrigation network. C Presence of export infrastructure for agricultural produce. D Availability of bonded labour. The French were interested in development of agriculture. Due to this, they focused on development of irrigation network and export infrastructure for agriculture produce. There was the presence of bonded labour. These factors were the reasons for adoption of agriculture by X at the cost of industry. The French did little to industrialise the economy.