Economy, asked by nihal6340, 5 months ago

briefly narrative the economic condition of india during the British period​

Answers

Answered by bestwriters
5

The economic condition of India during the British period​ was unchanging and lowered in many circumstances.

Explanation:

  • The GDP (Gross Domestic Product) of India came down from 24% to 4% between 1700 and 1950.
  • During the Mughal Era in 1700, the GDP was the highest( 24%), and by the end of 1950, it went down to 4%.
  • The majority of GDP came from the agricultural sector, and a minor change in the agricultural sector by the British government affected the GDP completely.
Answered by Anonymous
38

Answer:

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India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population. ... From 1850 to 1947 India's GDP per capita had grown only slightly by 16%, from $533 to $618 in 1990 international dollars.

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