The Britishers damaged the Indian economy. Explain the statement.
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Answer:
British economic exploitation, the decay of indigenous industries, the failure of modern industries to replace them, high taxation, the drain of wealth to Britain and a backward agrarian structure leading to the stagnation of agriculture and the exploitation of the poor peasants by the zamindars, landlords, princes.
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Tbe Brithishers damaged the Indian economy by taking the cheaper goods and exporting it in higher price so the Indian farmers had to face a great loss,by taking revenue,by using Indian land for East Indian company,by taking all the precious gems like kohinoor diamond,etc are the various examples
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