How did the national liberation movement in India and China affect the state of the world market?
| April 27, 2021 | education
As a result of the fact that India and China were under the influence of Western economies for several centuries, their industries were aimed at providing goods for export to the countries of the metropolis.
After gaining full independence, they redirected their economy to meet their own needs, which gave a strong impetus to the development of the domestic economy.
The unemployment rate has dropped significantly.
India and China could dictate their own rules in the sale of goods necessary to Western countries, since they were now full-fledged owners of their products.
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