Economics – Class 12 – Indian Economic Development – Macro Economics
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Course
Economics
Institution
Economics – Class 12 – Indian Economic Development – Macro Economics – 2023-24 – Eve of Independence - Textile Industry in Bengal – Indian Economy : 1950 to 1990 – Economic Reforms (LPG) – Human Capital Formation – Rural Development – Employment – Environmental Sustainable Dev...
, Important
Definations
Colonial Rule: The policy or practice of a country
(wealthy or powerful) maintaining or extending its
control over other countries for the purpose of
exploiting resources of dominated country and
development of ruling country.
Backward Economy: Backward
economy which is characterised
of living, poor health services, h
high birth rates, low per capita
majority of population is depend
, Vibrant Economy: A vibrant economy is
characterized by dynamic changes in terms of
emerging role of technology in the process of
production also. Production is more market
oriented and profit motive.
Amputated Economy: The Briti
divide and rule always promote
between various groups on the
caste, language and culture
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