Practicing Success

Target Exam

CUET

Subject

Sociology

Chapter

Social Change and Development in India: Structural Change

Question:
To facilitate the smooth functioning of its rule, colonialism introduced a wide array of changes in every sphere, be it legal or cultural, or architectural. Some of these changes were deliberate while some took place in an unintended fashion. For example, we saw how western education was introduced to create Indians who would manage British colonialism. Instead, it led to the growth of nationalist and anti-colonial consciousness. Western colonialism was inextricably connected to the growth of western capitalism. Capitalism is an economic system in which the means of production are privately owned. If capitalism became the dominant economic system, nation-states became the dominant political form of governing a territory.
Accumulation of profit is the most important feature of which of the following?
Options:
Capitalism.
Colonialism.
Socialism.
Communism
Correct Answer:
Capitalism.
Explanation:
Capitalism is an economic system in which the means of production are privately owned and organised to accumulate profits within a market system