the britishers damage the indian economy. explain the statement .
Answers
Answer:
yes , it is true that the Britishers damage the indian economy.
Explanation:
the birtishers damage the indian economy .
britian gained hugely from ruiling india, but most of the wealth created was not invested back into the country .the British took flourishing ventures like textiles , ship building and steels and through savagery , taxes , import taxes and forcing their exports.
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Answer:
Through brutality, taxation, import duties, and imposing their exports and commodities behind the backs of the Indian customer, the British wiped out thriving industries like textiles, shipbuilding, and steel.
Explanation:
The English Industrial Revolution had a significant impact on the Indian economy because it changed the nature and structure of India's foreign commerce. Despite no significant expansion in the contemporary manufacturing industry, this resulted in the demise of Indian handicrafts.
Low per capita income, unemployment, fragmented structure of cottage and small businesses, low capital formation, low level of investment, high birth and mortality rates, and conservative attitudes of Indian people plagued the Indian economy toward the conclusion of two centuries of British rule.