Question

explain drain theory​

Answer 1

Answer:

Drain theory is the theory put forward by Dadabhai Naoroji, which is included in his book 'Poverty and UnBritish Rule in India'. It deals about the truth that the drain of wealth to Britain was the root cause of poverty in India at the time of British rule.

Explanation:

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Answer 2

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During the late 19th and early 20th century, 'the drain theory' came to be seen as the symbol of Indian economic nationalism. ... The essence of the drain theory is that the unilateral transfers that India was compelled to make to Britain systematically stripped the country of resources and thus perpetuated poverty.