Question

ecnomic policy of britsh in 1857 .short answer

Answer 1

Answer:

The Government of India now followed a policy of free trade or unrestricted entry of British goods. Indian handicrafts were exposed to the fierce and unequal competition of the machine-made products of Britain and faced extinction. India had to admit British goods free or at nominal tariff rates.

Answer 2

The British had changed the entire economic structure of India. Changes were introduced to suit their needs. The traditional self- sufficient economy of villages was wiped out. This caused resentment among people of all section.

Indian handicrafts were exposed to the fierce and unequal competition of the machine-made products of Britain and faced extinction. India had to admit British goods free or at nominal tariff rates.

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