You asked: What was the main economic motive of British in India?

What was the main motive of the British rule in India?

The main motive of the British rule in India was to acquire more and more resources and fulfil the needs of the British empire, the Queen and other powerful people. They suceeded in their objective by conquering india, its kings, the armies and then establishing their own authority.

What was the major economic reason for British control of India?

Since ancient times, the main source of livelihood for the people were agriculture. Hence, land tax had formed a principal source of revenue for all the emperors all over the world. In the 18th century, the main occupation of the Indian people were agriculture.

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 did the British do to the Indian economy?

The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India’s foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry.

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What was the aim of the British?

Answer: The main aim of the British was trade. The Indians in mediaeval period were illiterate . So, the British found difficulty in communication with Indians .

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 are the major economic activities in India?

2007 Schools Wikipedia Selection. Related subjects: Economics

Economy of India
Labour force by occupation agriculture: 60%, industry: 17%, services: 23% (1999)
Unemployment 8.9% (2005 est.)
Main industries textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software

Was India rich before British rule?

From 1 century CE till the start of British colonisation in India in 17th century, India’s GDP always varied between ~25 – 35% world’s total GDP, which dropped to 2% by Independence of India in 1947. At the same time, the Britain’s share of the world economy rose from 2.9% in 1700 up to 9% in 1870 alone.

Why did the British really leave India?

1947: Partition of India

During World War Two, the British had mobilised India’s resources for their imperial war effort. They crushed the attempt of Mahatma Gandhi and the Indian National Congress to force them to ‘quit India’ in 1942. … For this reason, Britain was desperate to keep India (and its army) united.