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Economics Ncert XI • Chapter • 1 • Summary

Trade through the Suez Canal: Route & Location

CHAPTER – 1 ‘INDIAN ECONOMY ON THE EVE OF INDEPENDENCE’ Victor Alexander Vruce was the Viceroy of British India in 1894. Introduction The sole purpose of the British colonial rule in India was to reduce the country to being a raw material supplier for Great Britain’s own rapidly expanding modern …

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Economics Ncert XI • Chapter • 4 • Summary

Some of the most challenging issues facing India today are poverty, development of rural India and building infrastructure. We are a billion-strong country today and our human capital is the biggest asset; it needs investment in health and education. We need to understand the concept of employment and the need …

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Economics Ncert XI • Chapter • 3 • Summary

ECONOMIC REFORMS SINCE 1991 In 1991, a crisis in the balance of payments led to the introduction of economic reforms in the country. Chapter – 3 LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL There is a consensus in the world today that economic development is not all and the GDP is …

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Economics Ncert XI • Chapter • 2 • Summary

Chapter – 2: ‘Indian Economy 1950-1990’ The central objective of Planning in India is to initiate a process of development which will raise the living standards and open out to the people new opportunities for a richer and more varied life — First Five Year Plan Types of Economic Systems …

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