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Independent India & Pakistan 1947. India has established a strong democracy & strong, diverse economy and is a rising power in Asia!. Pakistan, unfortunately, has NOT established a democracy or a strong, diverse economy. In many ways it is almost like a failed state!!.
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Independent India & Pakistan1947 • India has established a strong democracy & strong, diverse economy and is a rising power in Asia! • Pakistan, unfortunately, has NOT established a democracy or a strong, diverse economy. In many ways it is almost like a failed state!!
India became a parliamentary democracy! (secular democracy).
Pakistan was suppose to be a republic…. but • Military Dictatorships; no real republic/democrat leaders did NOT last long in Pakistan. • .
In the beginning, the state/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. • Now Cable TV with access to western media • Rate of economic growth - 6.8 %
Many problems in at time of Independence- Education. Only 10% of population was literate - Less than half went to school. Today- 74% literacy rate- investment in education.
Agriculture- government invested in… The Green and White Revolution that made India Self-sufficient in food.
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