IEPH My Notes :
Characteristics of First stage of British rule in India:
The history of East India Company is no doubt an interesting story as it
epitomizes the whole dynamics of British Capitalism, especially the phase of its
mercantile capital. Founded
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.tool is KAIZEN
Japanese business philosophy of continuous improvement .
.by Everybody! Everyday! Everywhere!
KAIZEN is a problem solving process with
While the Indian business leaders and the socialistic elites both wanted a planned economy, they
couldnt agree on a common agenda. Why was so and what were the differences?
At the end of first world war, the demand for the protectionism increased further
Industrial Development in India in the nineteenth century
By the beginning of the nineteenth century England, a major importer turned into a big producer of
finished goods. Therefore it naturally made sense for England to explore more markets.
Other Industries in India
Sugar: Railways helped develop other industries like sugar. Previously sugar mills couldnt be set
up coz of transportation delays of sugarcane to the mills location. Now railways came to their
Leather: Madras was the only
The reasons for the abysmal poverty in India were policies adopted by the British
government which resulted in an economic drain from the country. Agriculture was
ruined by the new system of land revenue introduced under the Raj. The indigenous
Effects of Industrial Revolution on the Indian economy in the 19th century
State in brief industrial development in India in the nineteenth century ?
1. Deindustrialisation of India- Due to the advancement of technologies during the
1. a>describe forced commercialization of agriculture
b> impact on Indian agrarian society
c> relate to post 1947 land reforms in India
The commercialization of agriculture in India was not a normal process, but a
forced and artificial one. Also the artif
Effects of Commercialization of Indian Agriculture
Def: This vast change in Indian agriculture from food grains to non-food crops (jute, indigo).
In 1871 Opium was still principal item but Oilseeds and cotton came close second.
The railways aided change i
Industrial development of Bombay and Calcutta
There were distinct differences between the nature of growth of Bombay and Calcutta as
centers of major modern industrial cities in India during nineteenth century.
Timing of arrival of British: British first
While the leaders of Indian business as a group and other nationalist social elites both
wanted a planned economy, they could not agree on a strategy acceptable to both. What
were the differences? Explain why they took different stands?
Attraction to plan
Development of firms in modern economic activities finds its roots in the firms of pre modern times.These
pre modern firms also help in understanding the aspects of present day Indian economy.
The Family Firms
1. They take deposits, make loans,
While classical industrial capitalism championed laissez faire the Indian leaders of
business wanted a state initiated planned industrial development. Why?
And the story begins
Disclaimer: this is not a final answer but covers most of the relevant points.
MODELING FLOW IN A TANK
7. MODELING FLOW IN A TANK
In this tutorial you will utilize the techniques illustrated in the previous tutorials to create a complex pipe junction that represents a real-world example of flow in a process tank. In this tutorial yo