MHI-02: MODERN WORLD
Course Code: MHI-02
Assignment Code: MHI-02/AST/TMA/2016-17
Total Marks: 100
Q: - iv) Meaning of underdevelopment.
Prior to the late
eighteenth century, life was nothing other than ‘nasty, brutish and short’ for
the vast majority of human beings. Technology changed slowly and sporadically,
but it eased life only for a small ruling elite in the pre-industrial
societies. In the late eighteenth century, Britain began to industrialize on
the basis of technical progress in textile, coal-mining, iron-smelting and
steam-power. Soon industrialization started to spill over to other regions.
International flows of capital and commodities provided the stimulus for this
development.
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