Which goods from India dominated the international textile markets before the age of mechanized industries?
Silk and cotton goods
Before the advent of mechanized industries, international markets witnessed significant Indian textile exports. The focus was primarily on high-quality, handcrafted fabrics.
Historical analysis indicates that two main categories of Indian goods were highly valued and dominated global textile trade prior to widespread industrialization:
Therefore, the combination of silk and cotton goods represented the peak of Indian textile influence in international markets before the age of mechanization.
When goods are produced by exploiting natural resources, it is an activity associated with:
A system in which local farmers were allowed to cultivate temporarily within a plantation is known as:
Which type of farming is practiced in areas of high population pressure on land?
The major economic attribute for comparing countries is their:
India’s GDP growth in 2017 was:
In Economic terms, Globalization is the process of rapid ______ between countries.
Belief in the primary importance of the self, the virtues of self-reliance and personal independence is referred to as _______ in Economics.
The Five Year Plan was first launched in
Which of the following was/were the feature(s) of Lenin’s New Economic Policy (NEP) for the Soviet Union?
1) Private retail trading was strictly forbidden
2) Private enterprise was strictly forbidden
3) Peasants were not allowed to sell their surplus
4) To secure liquid capital, concessions were allowed to foreign capitalists, but the State retained the option of purchasing the product of such concerns
Select the correct answer using the code given below:
Which one of the following was set as a target of average growth of GDP of India over the plan period 2012-2017 by the Approach Paper to the Twelfth Five year Plan?
In ________ economies, all productive resources are owned and controlled by the government.
Private ownership of the means of production is a feature of a _______ economy.