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Sociology Optional PYQ Solutions · Model answer

What are the main social determinants of economic development in India? Examine this question with special reference to the growth of entrepreneurship and the rise of business houses in India.

  • UPSC 1990
  • Industrialization and Urbanisation in India

Development in India has never been decided by capital and technology alone. Who could raise money, whom one could trust with it and who would inherit the firm were questions answered by caste, community and family long before banks answered them. India's entrepreneurial history is the best available test of how social structure determines economic…

You are reading the opening of the model answer. The full answer is part of Sociology Optional PYQ Solutions.

What the full answer covers

  • The social determinants, in brief
  • Max Weber's thesis and the Indian record
  • Milton Singer and compartmentalisation
  • The business house as a social form
  • Widening the social base
  • The capital that is still missing
  • …and 1 more sections, with a conclusion

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