Examine critically the various aspects of economic policy of British in india from 1757 till independence
Answers
Explanation:
Introduction - British entered in India due to trade in 1611 and from 1757 they adopted different policies at different stages
Commercial phase -- in this period for improving their trade in India they want to mentain relation with India and wanted to increase tax revenue
Industrial phase -- in this period the main objective was to obtain raw material and to make India a market of British goods because this time industrial revolution occurred in Britain
by criticizing Indian culture and Indians they begin to promote western culture in India
Financial phase -- in this time British was investing their capital in railways, industries plantation etc. and this way they started getting huge interest payed by Indian through taxes.
Conclusion -- for the colonialism British changed Indians political social and cultural structure and to rob India their tastes changes every time
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