Question

discuss the British colonial intervention in India economy in the early 20th century​

Answer 1

The following points highlight the six main impacts of British colonial rule on the Indian economy. The impacts are: 1. Destruction of Indian Handicrafts 2. New Land System 3. Commercialisation of Agriculture 4. Development of Railway Network 5. Occurrence of Famines 6. Transforming Trade Pattern.

British Colonial Rule: Impact # 1.

Destruction of Indian Handicrafts:

The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India’s foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry.

Answer 2

Answer:

India was affected when British entered India in 20 century Britishers drained the wealth from India to Britain which affected the Indian economy