Explain any two reasons why the class of money lenders grew during British rule in India
Answers
•Disruption of the Traditional Economy
•Ruin of Artisans and Craftsmen
•Impoverishment of the Peasantry
•Ruin of Old Zamindars and Rise of New •Landlordism
•Stagnation and Deterioration of Agriculture
•Development of Modern Industries
•Poverty and Famine
Answer:
The new social classes involved in the Indian society during the British rule were: in agrarian area, they were:
(1) zamindars created by the British Government, (2) absentee landlords,
(3) tenant under zamindars and absentee landlords
(4) the class of peasant proprietors
(5) agricultural labourers
6) the modern class of merchants
(7) the modern class of money lenders.
In urban areas, they were:
(1) modern class of capitalist, industrial, commercial and financial
(2) the modern working class engaged in industrial, transport, mining and such other enterprises
(3) the class of pretty traders and shopkeepers
(4) the professional classes such as technicians, doctors, lawyers, professors, journalists, managers, clerks and others, comprising the intelligentsia and the educated middle class.
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