what was the result of economic policy of the British
Answers
Answer:
It led to rapid economic development, which is the foundation of today's high standard of living in Britain as well as in Europe, the Soviet Union, the U.S.A., Canada, Australia, and Japan. Britain became increasingly urbanized as a result of the Industrial Revolution.
Explanation:
Answer:
The British Policies
British's profits came primarily from the sale of Indian goods abroad. ... It tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufactures and thus encouraged their production.
Result
British economic policies gave them a monopoly over India's large market and raw materials such as cotton. India served as both a significant supplier of raw goods to British manufacturers and a large captive market for British manufactured goods.