Question

what were the economic condition of India in the 18th century

Answer 1

The economic condition of India before the consolidation of British as colonial power during the 18th century was almost similar to those prevalent in other countries.

Indian society of mid-eighteenth century was marked by several peculiar characteristics. Most of the people worked as cultivators.

As many as 90% of the population lived in villages. For this reason one can also regard the Indian economy as a village economy. Besides, India had a fairly well-developed system of handicrafts.

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