Q.1 (A) The Britishers damaged the Indian economy. Explain the statement.
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Explanation:
The Indian economy under the British Raj describes the economy of India during the years of the British Raj, from 1858 to 1947. According to historical GDP estimates by economist Angus Maddison, India's GDP during the British Raj grew in absolute terms but declined in relative share to the world
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Explanation:
Indian economy was facing occurrence of famines too frequently during the British rule. Commercialisation of agriculture reduced the production of food grains by transferring land from the cultivation of food crops to non-food crops like industrial raw materials.
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