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India, like China is a rising power in Asia!. Why do you think India is a rising power?. What makes the U.S. a world Power? Why is China a rising power? What do you know about the history of India. India was a British colony.
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Why do you think India is a rising power? What makes the U.S. a world Power? Why is China a rising power? What do you know about the history of India.
South Asia was partitionedinto two countries- India & Pakistan in 1947 • B
India established a Parliamentary Democracy in1947 • India has established a strong democracy & strong, is a rising power in Asia!
India became a parliamentary democracy! (secular democracy).
Pakistan was suppose to be a democracy…. but • Series of Military Dictatorships; or corrupt leaders- any real democratic leaders did NOT last long in Pakistan. • .
Like China, new government focused on- Education. Only 10% of population was literate in 1945- Less than half went to school. Today- 74% literacy rate- investment in education.
Indian government established a “socialist”- government controlled the economy. • State owned industries
India closed off it’s economy to most of the world! • At first, a state owned/ socialist economy was developed & it did help the new Indian government build it’s economy. • As time went on, the Indian government realized that for the BEST growth of an economy you need to trade with the world & allow people to own businesses- Capitalist Economy!
Like China, India “state owned” economy was weak.. • In 1984, the prime minister of India begins to “open” the economy to foreign trade and allowing more individual ownership of businesses and economic resources. • New Liberalization Plan-The economy is opened to foreign investments, and more individuals own business and factories such as control of the TV stations. • Rate of economic growth - 6.8 %
Capitalist Economic Changesbrings many positive changes.. • Rise of Middle Class • Millions pulled out of poverty • Rise of Wealthy in India • New Consumer Market • All of the same economic changes as seen in China when they changed to capitalism!
Modernization & UrbanizationPune, Mumbai, New Delhi, Bangalore-Skylines
Today the PM of India is a Sikh, M. Singh. • The economy is growing and the country is rapidly modernizing and industrializing. • India has one of the 4th Largest Economies in the world-just like China, a thriving middle class, some rich and many Indians are still poor M. Singh & Obama