IGNOU SOLVED FREE ASSIGNMENTS
September 14, 2020
IGNOU EHI-01 FREE SOLVED ASSIGNMENTS Course Code:- EHI-01 AST/TMA/2019-2020
Assignment Code: AST/TMA/2019-20
Total Marks: 100
Note: All questions are compulsory. Marks are indicated against each question.
Section 1: Answer each question in about 500 words each.
Q.1.What do you understand by the term ‘de-industrialisation’? What was its impact on the Indian Economy?
Ans.De-industrialisation is the reverse process of industrialisation, happen in colonial India.The destruction of traditional India industries was one of the earliest consequences of colonialism to be noticed and documented in this country. While it was evidently connected with the growth of modern factory industry in England, the beginning of the process of destruction of Indian cottage industries lay further back, in the eighteenth century, when the products of Indian industries were still prized as valuable items of commerce. In that early stage of mercantile capitalism the source of profit of the East Indian company was the difference between the cost prices in India and the sale prices in England of the Indian industrial products like cotton and silk textiles. This price difference, that is, the profit rates of the English East India Company, could be increased if the Indian cost price at which East India company purchased goods from the Indian artisans, could be lowered. So long as there was a competitive market in India, that is, so long as the English East India company was competing in the Indian market, with other East India Companies of the French or the Dutch and with other merchants of Indian and Asian origin, the Indian artisans were in a good bargaining position. But in the last decades of the eighteenth century the British gradually eliminates most of their competitors, in particular the French and the Dutch.


