Q&A: How is India’s economy; from after World War II (WWII) to present?
Question by shawnqunishasimpson: How is India’s economy; from after World War II (WWII) to present?
I know the past of their economy but I need to focus on the present aspects of India’s economy.
Best answer:
Answer by Jane W
Most people in India are still living in poverty but a small middle class is forming in the last few years.
Religion, ignorance, a terrible infrastructure and the fact that hundreds of languages are spoken in India and people have a hard time communicating causes India to remain a very poor country.
Give your answer to this question below!
Model farms set up to develop standard package for organic tea: India produces about 26 million g of organic tea… http://t.co/U3R3fjqh – by brainwatsley (Braan Watsley)
February 19th, 2012 at 12:27 pm
Well that’s quite a general question. It’s going well. India has recently been doing some aquisitions of foriegn companies in various industries (steel for example – mittal), Jaguar take over.
Over the last four years we have seen the west significantly open up to India when it comes to international trade after realising China and India will be the two new big world powers. India’s previous only real trade partner was Russia. As a result of trade and a reduction of regulations for new businesses opening it’s attracted alot of FDI (foreign direct investment).
February 19th, 2012 at 1:21 pm
Here’s everything you need to know:
http://en.wikipedia.org/wiki/Economy_of_India
Independence was 1947, right after WW II.