Question

What were the economic implications of the British rule in India

Answer 1

The economic policies followed by the Britishled to the rapid transformation of India's economy into a colonial economy whose nature and structure were determined by the needs of the British economy. In this respect the British conquest of India differed from all previous foreign conquests.

Answer 2

Answer:

Economically, India came to be tied more securely to British industrial needs and markets. With the British private sector investing in public works such as laying of railway tracks and irrigational canals, the expansion of agricultural works under the monopoly of British planters took place. Previously, indigo, opium, salt and cotton had been the main exports from India but now tea, coffee and jute were added.

Explanation: