Question

how did economic change in 1857 revolt

Answer 1

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The revolt of 1857 also known as the Sepoy Mutiny, The Great rebellion initially was the India's first War Against the Colonial Rule for Independence.

Before Going to the Aftermath of the Rebel,lets see how was the Indian Economy the Establishment of the Colonial Rule.

At the time of establishment of the East India Company, the economic condition of India was much better given that it had a trade surplus with most of its trading partners.

The Indian trade and industry were well developed.

Villages were self-reliant in terms of production.

India was also home to different art and crafts and artisans enjoyed protection from local rulers.

The Effects of the War on India Was not Desirable Not only Economically but Also Socially Politically.The Effects are as follows :

• Destruction of Agriculture
• Permanent Settlement System
• Resentment among Zamindars
• Heavy Taxation
• Destruction of traditional Industries
• Destruction of Trade
• Protectionist Policies

CONCLUSION

Economic policies of the British were mainly exploitative and led to the severe destruction of Indian economy. British rule had adversely affected the interest of almost all sections of the society and severely affected the way of life in India. As a result, there was an increase in dissatisfaction and hatred against the British rule among different sections of Indian society. This disaffection ultimately led to a mass uprising which we know today as the revolt of 1857.