Social Sciences, asked by kaleeeeel786, 5 months ago

why did indian' economy became worsw during colonial rule.​

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Answered by Anonymous
1

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  • India suffered a period of stagnation for around 350 years from 1600 till 1950. The problem originated because there was a decline in demand for Indian products such as weapons, jewelry, and luxurious textiles such as muslin (Maddison 2006).

  • New land system of the British ruler also created a serious impact on the Indian economy. During the East India Company rule, the company administrators imposed land revenue at exorbitant rates and thereby realised larger returns from land.

  • Poverty, hunger, famines, epidemics and inadequate health care services were the major explanation for the sluggish pace of population growth under British rule. Explanation: Policies followed by the British Government became the key explanation for the weak economic growth under British rule.

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