Homework Questions:
1. How might widespread public ownership of business and the extensive government regulations in India, have affected the efficiency of the state and private businesses and the rate of new business formation in India during the 1947-1990 time Frame? How do you think this factors affected rate of economic growth in India during this time frame?
2. How would privatization deregulation and the removal of barriers to foreign direct investment affect the efficiency of business, new business formation, and the rate of economic growth in India during the post-1990 time period?