Answer:
- Freedom from the influence of the Great Britain
They no longer had to put up with the pressure of having to elect officials that is wanted by the Great Britain. They can elect someone who can genuinely care for the country's development.
- Ability to forms their own laws that are suitable to their own culture
some of the laws that made during the colonization designed to conformed to western principles / philosophy. Making own their constitution means that India no longer have to do this.
- Ability to form an alliance outside of Great Britain's social circle.
Such as Russia and China for example. They won't be able to form an alliance with them if they are still under the British influence.
- Create the economy that benefit Indian people
Under British's rule, the trades laws that passed will most likely benefit the Great Britain rather than the Indian people. They will decide which products gets the subsidy and how much the products they can export. But this commodities might not be popular In Indian market.
"They reduce disposable income" explains how contractionary policies can hamper economic growth
<h3>Further explanation
</h3>
Disposable income is the amount of money that households have,available for spending and saving after income taxes accounted.
Expansionary fiscal policy is an increase in government expenditures, also a decrease in taxes that causes the government's budget deficit to increase or its budget surplus to decrease. In short, expansionary fiscal policy boosts economic growth by lowering interest rates.
Whereas contractionary fiscal policy is defined as a decrease in government expenditures, also an increase in taxes that causes the government's budget deficit to decrease or its budget surplus to increase. Contractionary money policy is used to combat inflation. In short, contractionary fiscal policy hamper economic growth by increasing interest rates.
Contractionary policy increases the cost of borrowing. It can decreases GDP and dampens inflation, but also leads to reduced disposable income. Another negative side effect is it makes an increase in the unemployment rate. Disposable income itself is the amount of money that households have, available for spending and saving after income taxes accounted.
<h3>Learn more</h3>
- Learn more about hamper economic growth brainly.com/question/11698157
<h3>Answer details</h3>
Grade: 9
Subject: social studies
Chapter: hamper economic growth
Keywords: hamper economic growth
Answer:
Explanation:
Most archipelagoes are made of oceanic islands. This means the islands were formed by volcanoes erupting from the ocean floor. ... The Japanese archipelago consists of four large islands, from Hokkaido, in the far north, through Honshu, Shikoku, and Kyushu in the far south.
all the best :)
