Economy, asked by bhumika8581, 3 days ago

why India had low level economic growth under British control​

Answers

Answered by ashashetty592
0

Answer:

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India had an independent economy before the advent of the British rule. Though agriculture was the main source of livelihood for most people,yet, the country's economy was act erased by various kinds of manufacturing activities.

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Answered by safaltabamel
7

Due to the colonial policies of the British, the result was a significant transfer of capital from India to England leading to a massive drain of revenue, rather than any systematic effort at modernization of the domestic economy.

The decay of indigenous industries, the failure of modern industries to replace them, high taxation, the drain of wealth to Britain.

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