Question

subordination of Indian economic to British

Answer 1

As a result, the condition of theIndian peasantry deteriorated.Subordination of indian economy to british interests: The British over exploited the resources of the country. ... This resulted in the decline of handicraft and many subsidiary industries in India.British thus made india as her agricultural colony.

Answer 2

The subordination of the Indian economy to the British began after they started to take revenue.

Explanation:

• The East India Company, after receiving Diwani rights, chose to exercise power to collect revenues.
• The Diwani helped Britishers to used the money in businesses and increasing the armed forces.
• The supply of raw materials like raw cotton and silk for textile industries in England increased.
• Plantation products like tea, coffee, and rubber, and food grains like wheat sent to Britain.
• India serves as an economic colony for the Britishers to fulfill their needs in Britain.

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Subordination of Indian economy to British interest?

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