Question

The economic historian who has used the data collected by buchanan hamilton support the thesis of de industrialisation

Answer 1

Amiya Kumar Bagchi used Buchanan’s tables as a statistical database. He argued that Bihar experienced significant deindustrialisation in the 19th century as a result of the colonial British presence.

Answer 2

The ‘economic historian’ who has used the data collected by ‘Buchanan hamilton’ support the thesis of deindustrialization was Amiya Kumar Bagchi.

Explanation:

• The process of de-industrialization was the ‘social and economic changes’ that came up due to the process reduction in industrial activity in the country.  

• The de-industrialization affected the manufacturing and the heavy industries and this resulted in a reduction in the prices of the British cotton industry.  

• This was done so that the British could dominate markets with British cotton. This led to the declining of the industries in India.