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Question
Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the ______ century.
Options
19th
20th
18th
None of the above
MCQ
Fill in the Blanks
Solution
Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the 19th century.
Explanation:
In the 19th century, Dadabhai Naroji promoted the 'Drain of Wealth' thesis. The exploitation of Indian resources characterized the colonial period.
shaalaa.com
Low Level of Economic Development Under the Colonial Rule
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