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How did the Indian government respond to the economic slowdown of the 1980s
A. It increased government control over Industry
B. It Relax government control over Industry
C. It put an end to foreign investment in Industri
D. It pulled back on foreign trade

Respuesta :

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

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.

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