InterviewSolution
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write a brief note on social economic and administrative policies of British India after 1857. short answer |
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Answer» 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 Mark as brainiest . Thanks |
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