Imperialism In India

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The main purpose was because of the industrial revolution where by Britain needed more raw materials for its factories and also a location where they could sell all their valuable goods. A struggle of power occurred in India in the 18th century. The Mughal Empire was declining in forces, which gave the British the precise advantage to take over the Indian colony. The colonization of India by the British was more towards economic benefit land imposed taxes from agriculture, shifts in social classes, and textile industries. This policy of commercialization of agriculture also increased the rate by which ownership of land was being transferred. The increase in ownership transfer let to an increase in landless labourers. Commercialization of …show more content…

This new legal system brought in by the British only helped the money lenders who were either landlords or local merchants. In most cases, the farmers were not able to pay back the loans with full interest. Hence, their lands were gradually taken by the new money lending class. Another major impact of the British rule in India was the beginning of a new middle class. With the coming up of the British commercial interests, it brought about a new advantage opener to a small population of the Indian citizens. The new landed aristocracy, which went into action after the introduction of the permanent settlement, also formed a part of this new middle class. A great section of the Indian society who was the old landowning aristocracy lost the ownership of their land and in many cases it was replaced by the new class of landowners. They looted the riches of the people of India and weakened the economy, also the loss of their rights as citizens of …show more content…

The Indians produced textiles such as cotton, woollen and silk which also had markets in both Asia and Africa. Now with the industrialization coming up in England, this affected the Indian market. There was now a change of pattern in trade between the two nations. There was a vast majority of textile machines being imported from England to the Indian market. The products which were produced by the machines became a huge risk for the Indian handicraft industries because the British goods were sold at a very cheap price. The reason why the British goods were being sold at a cheaper price was because of the policy in India which allows any foreign goods to be given free entry without the payment of duty. While on the other hand the Indian handicrafts were being taxed a lot of money when they are leaving the country.Sometimes the British government keen to set a protective tariff on the Indian textiles. So with this kind of tax India exchange its importation from clothes to raw cotton, silk and even wool, and also an importer of British attire. So with the industry being collapsed it created unemployment to a large association of weavers. This made them travel back to the rural areas to harvest on their land as agricultural workers. By 1813, the Indian market lost all their markets abroad as well as their domestic market. They withdraw money from the rulers of India,

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