CBSE · Class 11 · Economics · Indian Economy on the Eve of IndependenceWhich sector was the principal source of livelihood for most of India's population on the eve of independence?
Agriculture was the principal source of livelihood for about 85% of India's population on the eve of independence. Despite engaging such a vast workforce, the sector remained extremely backward, stagnant, and caught in low productivity traps due to exploitative land revenue systems like the Zamindari system, lack of irrigation facilities, and absence of modern technological inputs.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Indian Economy on the Eve of Independence.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Indian Economy on the Eve of Independence.
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Indian Economy on the Eve of Independence.