Question

State your opinion.

European colonialism led to the economic exploitation of India.

Answer 1

• European colonialism led to the economic exploitation of India. The British drained India's wealth through heavy taxation, unfair trade policies, and the destruction of indigenous industries. They forced India to export raw materials while flooding the market with British-made goods, leading to the decline of traditional crafts and self-sufficiency.
• The land revenue system, such as the Permanent Settlement and Ryotwari systems, burdened farmers. Additionally, railway and infrastructure development primarily benefitted British interests. Overall, colonial rule resulted in poverty, famines, and economic dependence, leaving a long-term impact on India's economy.