Which statement is false?a)On the eve of independence, agriculture was...
False Statement: Indian economy at the time of independence was an industrial economy.
Explanation:
Background: The Indian economy was under British rule for almost 200 years, and it suffered from severe exploitation and neglect. The British Raj established a system of governance that aimed to extract resources from India and send them to Britain. The Indian economy was primarily agrarian, and industrialization was at a nascent stage at the time of independence.
Agriculture as the principal occupation: On the eve of independence, agriculture was the principal occupation of people, and it contributed to a significant share of the Indian economy. Around 75% of the population was engaged in agriculture, and it accounted for almost 50% of the GDP.
Railways as a means to enlarge market size: The British Raj developed railways in India primarily to facilitate the transportation of raw materials from the interiors to the ports. It also helped the British to enlarge the size of the market for British India. The railways were not developed to boost the Indian economy or to benefit the Indian people.
Indian economy as a source of raw material and market: The British Raj viewed India as a source of raw materials for the British industry and a market for finished goods. India was forced to export primary commodities like cotton, jute, tea, and raw materials like iron and coal to Britain. In return, India had to import finished goods from Britain, which led to a trade imbalance.
Conclusion: The Indian economy at the time of independence was not an industrial economy, but it was primarily agrarian. The British Raj exploited India's resources and neglected its development, which led to a weak and underdeveloped economy. India had to rebuild its economy from scratch after independence.
Which statement is false?a)On the eve of independence, agriculture was...
Indian economy always been a agricultural industry.. at the time it was a mixed economy not an industrial. That's why B is false