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Discuss About the Economic Exploitation Caused by the Great Rising of 1857. - History and Civics

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Question

Discuss about the economic exploitation caused by the great rising of 1857.

Short Note

Solution

 Economic Exploitation: Firstly, the economic drain from India increased on account of salaries and allowances given to Secretary of State for India and his fifteen members of Indian Council. The military and civil administration expenditure were paid from revenue of India.
Secondly, India was turned into a colonial economy exporting raw materials like indigo, cotton, spices, etc., and importing British goods.
Thirdly, the British invested their capital in plantations, jute mills, railways, shipping, etc., and: drained away the profits to England.

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Causes of First War of Independence, 1857
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Chapter 7: First War of Independence: 1857 - Short Questions II

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ICSE History and Civics [English] Class 10 ICSE
Chapter 7 First War of Independence: 1857
Short Questions II | Q 10
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