Social Science: Globalisation and the Indian Economy - Impact and Fair Globalization

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads

Why had the Indian Government put barrier to foreign trade and foreign investment after independence? State any one reason.

Advertisement Remove all ads

Solution

The Indian Government put barrier to foreign trade and foreign investment after independence because it had to protect its own industries. It was the time when indigenous industries required to be backed and supported. Only such a measure could lay the foundation of a future strong economy.

Concept: Impact and Fair Globalization
  Is there an error in this question or solution?
2014-2015 (March) Delhi Set 1
Share
Notifications



      Forgot password?
View in app×