History, asked by immamaawan, 9 months ago

write a brief note on social economic and administrative policies of British India after 1857. short answer

Answers

Answered by Kojo14
1

Answer:

The Industrial revolution has helped the English merchants accumulate a lot of capital

from the countries of Asia, Africa and America. They now wanted to invest this wealth

in setting up industries and trade with India. The mass production of goods through

machines that we witness today was pioneered through the Industrial Revolution

which occurred first in England during the late 18th and the early 19th century. This

led to a massive increase in the output of finished products. The East India Company

helped in financing and expanding their industrial base. During this time there was

a class of manufacturers in England who benefited more from manufacturing than

trading. They were interested in having more raw materials from India as well as

sending their finished goods back. Between 1793 and 1813, these British manufacturers

launched a campaign against the company, its trade monopoly and the privileges it

enjoyed. Ultimately, they succeeded in abolishing the East India Company’s

monopoly of Indian trade. With this India became an economic colony of Industrial

England. Let us learn more about the economic impact on various Indian industries

and trade.                                            sorry i could only answer economic

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