Question

Which steps were taken by the British Government to implement their
economic policy?

Answer 1

Mercantilism was the basic policy imposed by Britain on its colonies. Mercantilism meant that the government and the merchants became partners with the goal of increasing political power and private wealth, to the exclusion of other empires. 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.

Answer 2

Answer:

The main focus of the economic policies pursued by the colonial government was to make India a mere supplier of raw materials for Britain's own industrial base which was undergoing rapid expansion, The Indian Economy was exploited in order to promote British industries.

The main reason for the slow rate of growth of population during the British rule were poverty, malnutrition, famines, epidemics and poor health facilities.

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