Question

stages of Colonialism in india? Marks-10​

Answer 1

Explanation:

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Answer 2

Answer:

Stages of colonialism in India :-

Explanation:

Colonialism is the practice by which a powerful country controls another country or countries, in order to become richer and to rule for its own sake .

It is not a continuous phenomenon but we can be explained on the basis of form of exploitation and the different pattern of subordination of colonial economy, society and policy.

The stages of colonialism in India are:

First Stage:

During the first stage company has on objective of acquiring a monopoly over Indian trade. So that, neither Indian nor any other foreign company can compete with them, and they can buy Indian product at the cheapest rate and sell them in the world at the highest price.

So, this first stage is known as the period of “Monopoly of Trade and Direct Appropriation".

Secound stage :

In this period the exploitation through trade, it also termed as colonialism of free trade. Immediately after gaining political dominancy over India, an intense struggle broke out in Britain.The newly developing industrial capitalists began to attack the East India Company and they wanted India to serve as a market for their ever-increasing manufactured goods and demanded raw materials, especially cottons and food grain from India, but India could not buy British goods due to the lack of foreign. exchange.

Third Stage:

During this third stage, which is known as the “Era of Foreign Investment and International Competition for colonies,” In the world economy several major changes were taking place. Spread of Industrialization leds to emergence of several countries of Europe,The United State and Japan as a strong competitor of Britain’s industrial supremacy.

The new industries of Industrialized countries required immense quantities of raw materials, increasing urban population needed more food. This. led the intense struggle for new, secure and exclusive markets and sources of raw material and food stuffs..

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