Traditional Culture Encyclopedia - Traditional culture - When was the capitalist system in India?
When was the capitalist system in India?
India's capitalist system became an independent capitalist country after 1947 got rid of British colonialism. India was a British colony before, belonging to a parliamentary capitalist country. India's national economy is based on private ownership of the means of production. Later, it adopted the experience of socialist economic development in economic construction and adopted the dual-track development model of state-owned economy and private economy.
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