Article Type
Article
Description
A large majority of Pakistan’s population was born after the country got its independence. The median age today is 23 years and the youth have only experienced economic difficulties and hardships in their lifetime. They are hardly aware of the glory days of Pakistan. Despite the many articles that have appeared on this subject, it is essential to make them aware of the historical context in which they are today leading their lives. At the time of independence, the prospects of the economic survival of a ramped Pakistan appeared quite dim as it inherited an extremely weak and fragile economy. More than 80 per cent were small farmers, and the rest were shopkeepers and artisans. From India, Pakistan got another eight million impoverished Muslim peasants and hardly any skilled technicians or businessmen. The country had no big industry worth the name except a few cotton mills, a cement factory, railway repair shops.
Publication Source
The News
Publication Date
8-19-2022
Pages
1-5
Recommended Citation
Husain, Ishrat. (2022, August 19). Seventy-Five Years of Pakistan’s Economy. The News, . 1-5. https://ir.iba.edu.pk/faculty-research-press/435
