The economy of India was transformed by the British through new technology. The British brought new road network, the world's third largest railroad system, telephone and telegraph lines, irrigation canals, and other things that modernized India. Health and cleanliness also improved with the British coming. They also improved the literacy rate and founded schools.
The world's third largest railroad system helped. Also, a modern road network, telephone and telegraph lines, dams, bridges, and irrigation canals enabled India to modernize. Sanitation and public health improved too. Schools and colleges were founded and literacy increased. British troops cleared central India of bandits and put an end to local warfare among competing local rulers.
The main problem of the British colonization of India was that it was done by force.
De-urbanisation occurred due to moving in of British and decline of economy
They weren't, the British empire attacked India and the British won.
impoving India's economy.
I Corps - British India - was created in 1914.
The Campaign of civil disobedience contributed to national independence for India that in the Indians boycotted English goods and didn't pay taxes, so they hurt the British economy.
The British transformed India's economy by setting up trading posts at Madras, Culcatta, and Bombay an dthrough modern road and railway networks. .
It undermined the British economy in India.
India's GDP of the world's wealth before the interference of the British was around 30%. All of Western Europe's GDP combined was around 22%. India was well known as the richest country in the world up about until the late 19th century when Britain started to drain India's wealth for its own use. The British completely destroyed the hard earned economy of India only to now have it become a developing nation while Britain is completely developed due to India's wealth. The British said that they came to modernize India, which in fact is very false. They came to loot and plunder the vast wealth of India for its own selfish benefit while causing devastating famines in the 1890s. When the British left, then India's GDP if the world was only 3%. So, from 1857-1947, 30%----3%, do you think Britain came to help the Indians? Or did they come steal all of its riches? It is proven that the states of India under British control for a longer period of time are poorer. Now you decide how the British transformed India's economy.
East India Company
India was based more on a traditional economy before the British came, but after British Rule they have been influenced to become a more mixed economy.
Cotton
De-urbanisation occurred due to moving in of British and decline of economy
India's previously State operated industries has rapidly been developed into a more open mixed economy. Industrial deregulation and the privatization of formerly either owned or government controlled industries has been continuing.
cotton
the British helped industrialize and moderized India to a small extent
As with many of their other colonies, Britain was looking for the economic benefits India could provide. India also had a lot of raw natural resources that the British saw as beneficial for the country and its economy.
India has mixed economy