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Write down the importance of modern Indian industries.

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Economic and Social life of India was greatly affected by the development of modern industries in India. It led to the emergence of two classes i.e. capitalists and labourers. Capitalists started to exploit the labourers. They gave less wages by taking more work from the labourers. So government passed the Factory Acts to improve condition of labourers. Many new cities came into being with industrial development. These cities became centres of modern life and culture.

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