During entire British colonial period,the value & volume of India's gross exports of primary goods (food grains, cotton, raw silk,wool,jute,sugar,indigo ,etc.) exceeded the gross imports of finished consumer goods like cotton silk & woolen clothes and capital goods like light machinery manufactured in British factories.This led to generation of huge export surplus. But this surplus came as a huge cost to Indian economy.Several essential commodities(food,clothes,kerosine) were scarcely available in domestic market.This also did not result in any flow of gold or silver into India(unlike pre -British rule) .Rather,this was used to make payments to the cost of British colonial establishment(Army,navy,bureaucracy,etc) in India,war expenses & expenses on imports of invisible items.This all led to irreversible drain of Indian wealth by the British raj.
What increases, decreases and stays the same during a economic expansion? Choices: tax revinue, consumer income, budget surplus, aggregate demand, budget deficit, aggregate supply, real GDP, corporate profits
Machine-made British textiles were sold cheaply in India
An economic unit having access of funds and wants to lend his funds
During an economic depression threes a lack of economic activity that can last for several years.
An economic indicator which declined during the war was unemployment.
The British fought the French.
the Cherokee and the Iroquois helped the british -your Indian friend from Oklahoma
the british
No delegates met during the French and Indian war. The colonies were still British and fought by the British military.
William Pitt
The irquios tribe was on the british side. The british side won the war.
C.Rajagopalachari
King George
yes they were
it was hard
child marriage and untenability
The colonists at that time saw themselves a British, the British were their own countrymen.