write a note on the various stages of the colonial rule in India. (500 words answer)
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STAGES OF Colonialism British colonialism established its firm roots in India inthree stages, each stage representing a different patternof subordination of the colony and consequently differentpolicies, ideologies, impact and the colonial people’sresponse. They are
1.
Period of Mercantilism (1757-1813)The objectives of the British during this time weremonopoly of trade and direct appropriation of revenue. Themain features were:
a)
Very strong element of plunder and direct seizure ofpower
b)Absence of large scale import of British goods
c.No basic changes in the colony’s administration,judiciary, culture, economy etc.
Dosha. Monopoly control over trade and elimination of allpossible rivals
e)
Purchase of goods at cheap rates and sale ofcommodities at very high rates.2. Period of Industrial Capital(Free Trade)(1813-1860)The main features of this period were:Determination of the administrative policies and economicstructure of the colony by the interests of the industrialbourgeoisie of the metropolisMaking a colony a subordinate trading partner which wouldexport raw materials and import manufactured goodsTransformation fo the colony economy, polity,administration, society, culture and ideology under theguise of development and modernization in order to exploitfor further British Interests
2.
Period of Finance Capital (1860-1947)It was marked byIntense struggle for new, secure and exclusive markets andsources of raw materials among the industrialized countries.
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