List any two ways in which the British rule affect india economic?
Answers
Explanation:
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Answer:
In the beginning, there were 2 nations. One was vast, mighty and magnificent empire, brilliantly organized and culturally unified, which dominated a massive swath of the earth. The other was an underdeveloped, semi-feudal realm, even by religious factionalism and barely able to feed its illiterate, deceased and stinking masses. The first nation was India and the second was England .
[Indian Summer by Alex con Tunzelmann]
The above mentioned statement was said by an Englishman to describe India and his own country England in a comparative way. This tells about economy of India before the arrival of Britishers.
In a religious,cultural point of view Britishers were much more liberal when we compare them with the Turko-Mongol invaders. However, when it comes to their policy of exploiting India’s wealth by various means they are second to none in the history of India. Britishers used multi pronged approaches to loot India. As Dr. Shashi Tharoor says the took the hindi word loot not only into their dictionary but also quite literally in their action in India. Before knowing the impact of British rule on Indian Economy we must first analyze the socioeconomic condition of Pre-British India.
Explanation:
Largest producer and exporter of Textile
India Accounted 25% world Industrial output in year 1750. Most of these were due to Textile industries.Only Bengal accounted about 25% of Textile output of the whole world. These textiles were used by countries like US and Japan, Europe and other central Asian countries back then. Indian silk was of highest demand in world market.
Largest producer of steel
Very few people actually know about this that India was a world leader in steel production. Not only quantity but also quality of steel produced was of highest order. When the British defeated Tipu Sultan in 1799, they were astonished by the quality of his cannon.