Question

how did the economic policies of the British advisory affect the Indian economy​

Answer 1

Answer:

The Indian economy under the British Rule describes the economy of India during the years of the British Rule, from 1858 to 1947. During this period, according to British economist Angus Maddison, India's share of the world economy collapsed from 24.4% to 4.2% between 1700 and 1950. India experienced deindustrialization. Compared to the Mughal Era, India during the British colonial era had a lower per-capita income, a large decline in the secondary sector, and lower levels of urbanisation.

Answer 2

Answer:

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Explanation:

New land system of the British ruler also created a serious impact on the Indian economy. During the East India Company rule, the company administrators imposed land revenue at exorbitant rates and thereby realised larger returns from land. Thereafter, the British Government introduced the land settlement in 1793.

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