Question

In british raj , the setting up of trade and industries brough about an economic unification .
Explain the Above line deeply plz to mark your self brainliest

Answer 1

The Indian economy under the British Raj describes the economy of India during the years of the British Raj, from 1858 to 1947. During this period, the Indian economy essentially remained stagnant, growing at the same rate (1.2%) as the population. India experienced deindustrialization during this period.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

In 1600 AD British establish east India company acquired  a charter from the    Queen Elizabeth l , granting  it the sole right  to trade with the east . It's  prime  objective was  the  expansion of  trade . If this could be done without conquest, through the help of  local rulers  who were willing to  grant privileges, then territories  need not be taken over directly. In 1765, the Mughal  emperor appointed  the as the Diwan  of  the provinces of Bengal . The outflow of  gold from Britain slowed after the Battle of   Plassey  . The Company was transformed  from a trading  company to a territorial colonial power  . They looted the resources  from India and reduce its economic growth