Frequent question: What were British economic and political interests in India?

What was the British economic interest in India?

This is because India served two important functions for Industrial England. First, Britain viewed India as a source of raw materials that could be used to fuel the factories in England. At the time, India economy was largely centered around agriculture, which would then be exported to England.

Why did the British have interest in India?

The British East India Company came to India as traders in spices, a very important commodity in Europe back then as it was used to preserve meat. Apart from that, they primarily traded in silk, cotton, indigo dye, tea and opium. They landed in the Indian subcontinent on August 24, 1608, at the port of Surat.

What was the main economic motive of British in India?

Motive of British rule in India was to get us much as profit possible. The fulfil this by forcing farmers to cultivate crop prescribed by them. They forced pastoralist to become cultivators so that more and more land can be come under cultivation which would increase land revenue.

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What did the British want from India?

The British used colonial India as a source of raw materials and a market for their manufactured goods. First, India supplied the British Empire with profitable natural resources such as spices, tea, and cotton. These items could be acquired in India and sold in England or her other colonies at huge profits.

What type of economy is an Indian economy?

Today, India is considered a mixed economy: the private and public sectors co-exist and the country leverages international trade.

What were the positive effects of British rule in India?

Positive Impact: Some positive impact of the British rule in India were the introduction of the railways, post and telegraph system for masses, introduction of Western sceinces and the English language. However, it is to be noted that the British intorduced railways for its own benifits.

What are the major economic activities in India?

Agricultural Sector:

One of the most important sectors of the Indian economy remains Agriculture. Its share in the GDP of the country has declined and is currently at 14%. However, more than 50% of the total population of the country is still dependent on agriculture.

What were the effects of British imperialism on India?

British imperialism in India had impacted the nation adversely. First of all, India’s wealth was drained to a great extent during this period. British rule in India hit the Indian economy so hard that it was never able to recover. Religious conflicts and gaps expanded.

What was the political impact of British rule in India?

They forced the commercialisation of agriculture with the growing of various cash crops and the raw materials for the industries in the Britain. With the strong political control, the British were able to monopolise the trade with India. They defeated their foreign rivals in trade so that there could be no competition.

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How did the British government affect the Indian economy?

Colonial exploitation of the Indian economy by the British transformed the pattern of trade in India to become an exporter of raw materials and foodstuffs and an importer of manufactures. … Thus the British rule in India was a long history of systematic exploitation of Indian people by the imperialistic Government.

What was the main purpose of British rule in India?

The main purpose of the British Raj was of course to gain economic profit and political control, but it also managed to unify the subcontinent, introduce western education, a centralized administrative system, a network of railways, etc.