features of Indian economy during the British period
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Semi-Feudal Economy:
During the British rule, Indian economy had a mixed mode of production. Feudalism was more prominent than other modes of production. A substantial developed capitalistic sector had emerged. Handicraftsmen had lost their independent status and were engaged in a simple commodity production.
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During the British rule, Indian economy had a mixed mode of production. Feudalism was more prominent than other modes of production. A substantial developed capitalistic sector had emerged. Handicraftsmen had lost their independent status and were engaged in a simple commodity production
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