What where the economic condition of India in the 18 century?
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India of the 18th century failed to make progress economically, socially, or culturally at a pace, which would have saved the country from collapse.
dia of the 18th century failed to make progress economically, socially, or culturally at a pace, which would have saved the country from collapse.The increasing revenue demands of the state, the oppression of the officials, the greed and rapacity of the nobles, revenue-farmers, and zamindars, the marches and countermarches of the rival armies, and the depredations of the numerous adventurers roaming the land during the first half of the 18th century made the life of the people quite despicable.
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- India of the 18th century failed to make progress economically, socially, or culturally at a pace, which would have saved the country from collapse.
- The increasing revenue demands of the state, the oppression of the officials, the greed and rapacity of the nobles, revenue-farmers, and zamindars, the marches and countermarches of the rival armies, and the depredations of the numerous adventurers roaming the land during the first half of the 18thcentury made the life of the people quite despicable.
- Indian agriculture during the 18thcentury was technically backward and stagnant. The techniques of production had remained stationary for centuries.
- Even though the Indian villages were largely self-sufficient and imported little from outside and the means of communication were backward, extensive trade within the country and between India and other countries of Asia and Europe was earned on under the Mughals.
- The impoverishment of the nobles, who were the largest consumers of luxury products in which trade was conducted, also injured internal trade.
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