Question

What do
you understand by the 'Drain of Wealth'?​

Answer 1

Answer:

The British government followed a one-side trade policy which exempted the British goods from paying any duty entering in India, but levied high custom duties in Indian goods entering England. people therefore, preferred to buy English goods which were cheaper and Indian merchants found it difficult to survive with handloom products made in India, while the British companies made profits and transferred this wealth of India into Britian.

Answer 2

Drain of wealth means loss of wealth of someone

it is mainly stated on the condition of india before independence , because huge amount of money drained by british people and also the kohinoor gem

it is said that the cost of kohinoor gem= food needed for world's population for 2.5 days