Question

What do you understand by drain of the wealth of the in what way was the Indian wealth drained England .

Answer 1

Explanation:

During the British rule, India was looted by the Britishers. The drain of wealth from India to England is termed as drain of wealth. Britishers took raw products from India to England made them as finished goods and sold them in Indian markets due to which India suffered a huge loss. The British imposed heavy taxes on Indian products and no tax for their products. They forced the farmers to grow crops like indigo which drained the fertility of the soil due to which they suffered a great loss.

Answer 2

Answer:

DURING THE BRITISH PERIOD INDIA WAS TRANSFORMED INTO A SUPPLIER OF RAW MATERIALS TO THE BRITISH INDUSTRIES FULL STOP INDIA BECAME A MARKET FOR FINISHED PRODUCTS OF THE BRITAIN. SO THERE WAS A CONTINUOUS TRANSFER OF RAW MATERIALS OR RESOURCES FROM INDIA TO BRITAIN WITHOUT ANY PROFIT TO INDIA. THIS IS CALLED AS DRAIN OF WEALTH