The British took thriving industries — like textiles, shipbuilding, and steel — and destroyed them through violence, taxes, import tariffs, and imposing their exports and products on the back of the Indian consumer.
How did the British ruin India?
British set about systematically destroying India’s textile manufacturing and exports, replacing those with manufactured in England using Indian raw material and exported finished textile to India and the rest of the world, adding insult to in jury. This led to first ever great deindustrialisation in the history.
Was India a rich country before British rule?
Before British Rule (1858)
Before the British ruled in India the East India trade company came to rule while India was very weak, The company made India one of the wealthiest countries in the world. They Brought trade and influence into the country basically owning the global textile trade.
Why did Britain give up 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.
What are the disadvantages of British rule in India?
They suffered poverty, malnutrition, disease, cultural upheaval, economic exploitation, political disadvantage, and systematic programmes aimed at creating a sense of social and racial inferiority.
Was India the richest country in history?
The Indian subcontinent had the largest economy of any region in the world for most of the interval between the 1st century and 18th century. … Though it is to be noted that, up until 1000 CE, its GDP per capita was higher than subsistence level.
Is India richer than UK?
India had overtaken the UK in 2019 to become the fifth largest economy in the world but has been relegated to 6th spot in 2020. … “This growth trajectory will see India become the world’s third largest economy by 2030, overtaking the UK in 2025, Germany in 2027 and Japan in 2030,” it said.
Who ruled India in 1600?
1600: Royal Charter forms the East India Company, setting in motion a process that ultimately results in the subjugation of India under British rule. 1605: Akbar the Great dies at age 63. His son Jahangir succeeds him as fourth Mughal Emperor.