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तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएस.एस.एल.सी. (इंग्रजी माध्यम) इयत्ता १०

What do you mean by drain of wealth? - Social Science

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प्रश्न

What do you mean by drain of wealth?

थोडक्यात उत्तर

उत्तर

India was economically subjugated and transformed into a supplier of raw materials. It became a market to dump English manufacturers and for the investment of British Capital. So the colonial economy was a continuous transfer of resources from India to Britain without any favorable returns back to India. This is referred as “the drain of wealth”.

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The Foundation of Indian National Congress (1870 – 1885)
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पाठ 1.07: Anti-Colonial Movements and the Birth of Nationalism - Exercises [पृष्ठ ८७]

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सामाचीर कलवी Social Science [English] Class 10 SSLC TN Board
पाठ 1.07 Anti-Colonial Movements and the Birth of Nationalism
Exercises | Q V 3. | पृष्ठ ८७
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