What do you mean by the term "Golden Revolution" in economics?
This Golden Revolution marked a more productive and profitable period for India. In India, a revolution refers to the agricultural sector, which generates more revenue.
However, India is a major
exporter of grains and fruits. The economic circumstances of engaged farmers in
horticulture lifestyles improved. They were improving the standard of living for
many underprivileged groups.
Many new technologies were
used during this time period, resulting in increased production of grains and
horticultural products such as flowers, fruits, spices, and crops.
How
do revolutions take place?
Importance
of Golden Revolution in Economics A revolution
is a dramatic shift in ideas and practices that is frequently brought about by
progress. It is the practice of employing novel approaches and strategies in
order to increase yield. The Indian uprisings heralded a new era in several
socioeconomic sectors, including agriculture, petroleum, and so on. Most of the
time, these revolutions impacted only one industry. As a result of the influx
of numerous new opportunities and doors, that one field experienced a massive
increase.
Comments
Post a Comment