List the economic causes of the revolt of 1857.
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Answer:Economic Causes of 1857 Revolt
Destruction of Agriculture. Under the British rule, there was a severe deterioration of the condition of Indian agriculture. ...
Permanent Settlement System. ...
Resentment Among Zamindars. ...
Heavy Taxation. ...
Destruction of Traditional Industries. ...
Destruction of Trade. ...
Protectionist Policies. ...
Conclusion.
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Answer:
Economic causes of the Revolt of 1857 :
- Destruction of Agriculture. Under the British rule, there was a severe deterioration of the condition of Indian agriculture. ...
- Permanent Settlement System. In 1793, Lord Cornwallis introduced the system of permanent settlement. ...
- Resentment Among Zamindars - While the Zamindars were declared as the proprietor of the land under a permanent settlement system, the company remained the original owner of the land who could ell the land of the Zamindars to the highest bidder, in case they fail to meet the revenue demand of the company.
- Heavy Taxation - Under the burden of excessive taxes, the peasant had become progressively indebted and impoverished. There was little left with him after paying the taxes. Peasants were forced to take loans from moneylenders at usurious rates who often evicted them from their land on non-payment of dues.
- Destruction of Traditional Industries - The company manipulated prices to the detriment of the Indian artisans. The artisans were forced to sell their goods to the British on prices set by the latter. The influx of cheap machine-made goods from Britain made the products of Indian artisans uneconomical. The British policy of One-way free trade and discriminatory tariff system discouraged Indian handicraft and promoted British goods causing the destruction of the traditional handicraft industry.
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