Evaluate the results of Indian government’s economic reforms in the 1990s.(1 point)

Question

Responses

They led to a substantial improvement in public services such as education and public health.
They led to a substantial improvement in public services such as education and public health.

They led to a rapid increase in economic development and income but still left many behind.
They led to a rapid increase in economic development and income but still left many behind.

They increased the role of India’s government in the economy.
They increased the role of India’s government in the economy.

They led to a revolutionary increase in farm output.

Answer 1

The most accurate evaluation of the results of the Indian government's economic reforms in the 1990s is:

They led to a rapid increase in economic development and income but still left many behind.

These reforms, initiated in response to a severe balance of payments crisis, liberalized the economy, encouraged foreign investment, and promoted privatization. As a result, India experienced significant economic growth and an increase in income levels for many. However, the benefits were not evenly distributed, and disparities in wealth and access to resources persisted, leaving many segments of the population still in poverty.