State any four negative impact of economic reforms

Dear student

The negative impacts of Economic reforms are:

1.Decline of cottage industry: with economic reforms with industrialisation the cottage and handicrafts industries (which were well developed) has faced a set back.

2. Due to loss of handicrafts the rural population had started migrating to urban areas.

3. Depletion of natural resources: Due to industrialization, there is constant depletion of natural resources. Since, large industries are spread over many acres of land, agricultural lands and forests are often cleared to make available the required land.

Pollution:Large industries emits many harmful gases into the environment. The introduction of harmful chemicals into air leads to air-pollution. The noises that it produces leads to noise-pollution.I

Regards

 

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