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Published byMaximillian Leo Hart Modified over 9 years ago
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The Jewel in the Crown India
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Profile:http://www.odci.gov/cia/ publications/factbook/geos/in.ht mlhttp://www.odci.gov/cia/ publications/factbook/geos/in.ht ml
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China and India compared Foreign presence and dominance Population homogeneity or heterogeneity Income per capita Proto-socialist experience
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Hinduism http://www.britannica.com/bcom/eb/article /4/0,5716,108344+1,00.html http://www.britannica.com/bcom/eb/article /4/0,5716,108344+1,00.html
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India and British Mercantilism The legacy of colonialism (Britain and France share chartered monopolies): metropoly dictated trade profile persistent surpluses by metropoly no import substitution focus on raw materials and agriculture Replaced moghul warlords with bureaucrats
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Post –colonial period The split into Hindu India and Muslim Pakistan English language as a unifying force Infrastructure Dualism between thee cities and the countryside
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Cast system economic and social status determined at birth Upper classes free of menial labor Contrast with other feudal societies:no land ownership (taxes) No productive investments (accumulation of treasure)
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M. Gandhi http://www.mkgandhi.org/ http://www.biography.com/cgi- bin/biomain.cgi http://www.biography.com/cgi- bin/biomain.cgi http://www.mkgandhi.org/ http://www.mkgandhi.org/ http://www.mkgandhi.org/epigrams/conten ts.htm http://www.mkgandhi.org/epigrams/conten ts.htm http://www.mkgandhi.org/epigrams/s.htm# SOCIALISM http://www.mkgandhi.org/epigrams/s.htm# SOCIALISM
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India’s Planning First Plan(1951-1956) agricultural emphasis and infrastructure Second Plan(1956-1961) mixed economy but the public sector was given a priority Third Plan(1961-1966) yields in agriculture, electrification,heavy industry Fourth Plan( 1996-1971) demographic pressure, war, famine aborted in 1967
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Nationalization (J. Nehru) Nationalization, initiated in 1971, resulted in up to 95% government share in most of the industries by 1975. Riots by the merchants because of the nationalization of wheat trade (state of emergency in 1975, government of I. Gandhi).
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