Question

Write in detail about pre-colonial and post-colonial trade period of India

Answer 1

Modern India also known as colonial period because the British had established their colony in India . Our country became colonialism. It means that one country controlling politically another country called colonialism. The British had established colony here for their profit in trade. They forced Indian farmers to grow cash crops like cotton, jute, indigo etc.

Answer 2

Since ancient times, India is one of the important trading nations

EXPLANATION:

• The colonial rule is marked by periods of heavy use. The British have taken steps to ensure that their heritage is established and promoted. They were not involved in the Indian economy in any way.
• Such measures have made our economy worse–it has become a raw material manufacturer and a buyer of finished products. British control of its monopoly continued and dominated the imports and exports of India. Britain kept its monopoly on imports and exports from India.
• Half the export trade of India was permitted only in the British. The majority of the countries including Ceylan (Sri Lanka), China and Persia (Iran) were allowed to trade for the other half. In 1869, the construction of Suez Canal strengthened the British's foreign trade authority.

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