English, asked by nuyangmodis, 4 months ago

conclusion the stages of mercantilist colonialism in India from 1757​

Answers

Answered by jituagawane
1

Answer:

The first is the period of 'merchant capital' dating from 1757 to 1813. This 'mercantilist' phase was marked by direct plunder and the EIC's monopoly trade functioning through the investment of surplus revenues in the purchase of Indian finished goods for export to England and Europe

Answered by priyaag2102
0

The stages of commercial colonialism generally focused on monopolizing trade.

Explanation:

The phase of commercial colonialism generally focused on monopolizing trade.

  • The British followed various economic policies from 1757 to 1857 to improve trade rights and to exploit Indian economic wealth.
  • The first period or trading phase was between 1757–1813, in which the East India Company completely monopolized trade and exercised its political influence.
  • This effect was used to set the conditions for Bengali artisans who were forced to sell products at low prices. Buying cheap and selling at high rates was the core of commercial capitalism, which the East India Company effectively accomplished in those years.

Similar questions