Question

discuss the stages of mercantilist colonialism in india from 1757 to 1813​

Answer 1

Answer:

The period of ‘merchant capital’ dating from 1757 to 1813.

The period of ‘industrial capital’ dating from 1813 to 1858.

The period of ‘finance capital’ starting from last decades of 19th century and continuing till independence

Answer 2

The phase 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.