History, asked by Lukesan8286, 2 days ago

British controlled the Indian economy

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Answered by adityakesariak
0

Answer:

The Indian economy under the British Raj describes the economy of India during the years of the British Raj, from 1858 to 1947. ... From 1850 to 1947 India's GDP in 1990 international dollars grew from $125.7 billion to $213.7 billion, a 70% increase or an average annual growth rate of 0.55%.

Answered by anjalirehan04
1

British economic policies gave them a monopoly over India's large market and raw materials such as cotton. India served as both a significant supplier of raw goods to British manufacturers and a large captive market for British manufactured goods.

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