How would you explain the drain of of indain wealth during the British rule
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Answer: Dadabhai Naoroji propounded the theory of 'Drain of Wealth' in the 19th century. The colonial period was characterized by the exploitation of Indian resources. ... On the other hand, income of Indians was spent on expensive imports of finished goods from Britain which made Britain richer on the expense of India. this is the anwser
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Dadabhai Naoroji propounded the theory of 'Drain of Wealth' in the 19th century. The colonial period was characterized by the exploitation of Indian resources. ... On the other hand, income of Indians was spent on expensive imports of finished goods from Britain which made Britain richer on the expense of India.
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