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There was no independent development of industries in India during British rule because of the:
  • a)
    absence of heavy industries
  • b)
    scarcity of foreign capital
  • c)
    scarcity of natural resources
  • d)
    preference of the rich to invest in land
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
There was no independent development of industries in India during Bri...
During British rule in India, there was a lack of independent development of industries due in part to the preference of the rich to invest in land. The British colonial policies in India favored the export of raw materials and agricultural goods, and discouraged the development of local industries.
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There was no independent development of industries in India during British rule because of the:a)absence of heavy industriesb)scarcity of foreign capitalc)scarcity of natural resourcesd)preference of the rich to invest in landCorrect answer is option 'D'. Can you explain this answer?
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