the britishes damage the indian economy explain the statement marks 2
Answers
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.[1]
Answer:
Apart from exploitative policy in agricultural system, British also ruined Indian economy through its industrial and commercial policies which favoured the Britishers at the cost of Indian economy. ... Similarly, a deliberate policy was pursued to destroy other industries in India.
Britain's devastation of India
The British took thriving industries -- like textiles, shipbuilding, and steel -- and destroyed them through violence, taxes, import tariffs, and imposing their exports and products on the back of the Indian consumer.
hope it helps ✌️