February 26, 2019

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Indian Economy on the Eve of Independence

Indian Economy on the Eve of Independence

  • Characteristics of Indian Economy before Colonial rule


  1. India had an independent Economy.
  2. Agriculture was the main source of livelihood of most of the people.
  3. Known for its handicraft industries in the fields of Cotton and silk textiles, metal and precious stone works etc.
  4. Reputation in the market for fine quality of material produced.
  5. Standard of craftsmanship seen in all imports from India.

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