History · Sources of Modern Indian History
UGC NET December 2020 History
'At some times and places there will be no roads, docks, harbours, canals, works of irrigation, hospitals, schools, colleges, printing presses, unless the government establishes them.' The above quotation from John Stuart Mill's Political Economy refers to which policy adopted by the Company government?
ALaissez faire
BInterventionism ✓ Correct
CMercantilism
DIndifferentism
Correct answer: (B) Interventionism — The quotation refers to interventionism, so the answer is interventionism.
Explanation
★The quotation refers to interventionism, so the answer is interventionism.
★The quotation from John Stuart Mill's Political Economy refers to the policy of interventionism.
★It holds that the government must establish public works that private enterprise will not.
★John Stuart Mill was a utilitarian.
★He gave the theory of liberty.
★So the policy referred to is interventionism by the Company government.
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