describe the impact of british colonialism on india(class 8 history)
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New land system of the British ruler also created a serious impact on the Indian economy. During the East India Company rule, the company administrators imposed land revenue at exorbitant rates and thereby realised larger returns from land. Thereafter, the British Government introduced the land settlement in 1793.
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- British conquered the country and establish their rule, subjugating local nawabs and rajas.
- They established control over the economy and society, collected revenue to meet all their expenses, bought the goods they wanted at low prices, produced crops they needed for export.
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