History, asked by Ahammedfaiz7604, 1 year ago

Discuss the various stage if colonialism in india.what are its impact on india economy?

Answers

Answered by Anonymous
1
Heya..

Colonialism is a continuous process to overtake a country by other...

In India three stages of colonialism are with it's impacts are as follows...

1 First stage ( Monopoly over trade )...

During this Britishers wanted to set up their business in India and to get the markets of our country ...
Impacts ... It reduced the sales of our producers in their own market...

2 Second stage ( Exploitations through trade )....

During this they started to exploit the Indians....They used to purchase raw material from India and sells final goods in India...
Impact... It destroyed our occupational and economic structure...

3 Third stage ( Era of foreign investment ) ....

During this they itself started to established their factories in India ....And to take up all the market ...
Impacts.... It unemployed our workers and destructed our all Production sector...
Similar questions