• The Indian economy became increasingly dependent on British manufactured goods, leading to deindustrialization and loss of traditional artisanal skills.
• The British Raj implemented policies that favored British industry over Indian industries, further hindering economic growth and development in India.
• The Indian economy was often exploited for the benefit of British interests, leading to widespread poverty and inequality among the Indian population.
How was the Indian economy impacted in the long term by the Industrial Revolution? (1 point)
Cash crops brought significantly more profits to farmers, motivating many to start growing them to pay their taxes.
• Economic growth was slower in areas where the British exacted agricultural taxes.
Railroads and other infrastructure were built by the British to transport goods throughout India and to the coast for shipment to England
The British extracted raw materials for their industries, leaving India unable to grow their own
industries.
1 answer