3 years ago

How did the Indian government respond to the economic slowdown of the 1980s

History

2 answers:

iVinArrow [24]3 years ago

8 0

Answer: B. It Relax government control over Industry.

Explanation:

Around 1980, the slowdown in the growth of India´s economy created a crisis in the balance of payments, and by the end of 1990, India was undergoing a severe economic crisis.

As part of a bailout agreement with the International Monetary Fund (IMF), India was forced to apply economic reforms to slowly open up its industry through economic liberalization.

Nina [5.8K]3 years ago

6 0

I believe it is a. i learned this back along.

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