COLONIALISM AND IMPERIALISM
COLONIALISM AND ITS ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India was a huge market of 300 million consumers.
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India is a large nation for factory work.
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Either A or B
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None of the above
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Detailed explanation-1: -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-2: -The emphasis on cash crops resulted in a loss of self-sufficiency for many villagers. The conversion to cash crops reduced food production, causing famines in the late 1800s. The British officially adopted a hands-off policy regarding Indian religious and social customs.
Detailed explanation-3: -Tea. One of the major commodities exported from India to Britain was tea. The East India Company began commercial tea production in Assam in the 1820s. A growing industry, by 1900 there were around 4000 tea estates in north and south India, as well as over 2000 in Ceylon (now Sri Lanka).
Detailed explanation-4: -India was a great source of cotton, coffee, tea, jute, indigo and opium. British used to sell opium to China for tea that they sold in England. The British now held economic as well as political power over India.