INDIAN HISTORY

Detailed explanation-1: -The new proletariat class which emerged in India on account of the British economic policies, consisted of Money lenders, Landlords, Traders.

Detailed explanation-2: -British economic policies gave them a monopoly over India’s large market and cotton resources. India served as both a significant supplier of raw goods to British manufacturers and a large captive market for British manufactured goods.

Detailed explanation-3: -1. Commercialisation of indian agriculture. 3. Deindustrialisation.

Detailed explanation-4: -The economic policies pursued by the colonial government in India were concerned more with the protection and promotion of the economic interests of their home country than with the development of the Indian economy.

Detailed explanation-5: -1. Commercial Policy: From 1600 to 1757 the East India Company’s role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad.