Question

Define colonialism and discuss its development impact on Indian political economy

Answer 1

when a country is ruled by another country,
all the functions of country like exporting, importing,police,education, e.t.c. all are done by the ruling country.
for example-- British rule over India an control on all of its resources, police,law,etc...
After many year's on 15 august 1947 India became independent.

following are the impact on Indian political economy of colonialism.....
1.Rise of awareness in the minds of Indian people against Britishers.
2.sharing of knowledge take place by some Britishers and indians which affect to the people for making them learn new type of arts.
by which they earn.
3. New techniques of working were exchanged.
4. After colonialism India took a heavy loan from other country for development of country which causes taking high tax from Indians.

days are changed now some taxes were removed from country to make Indian economy powerful..........