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The British Empire began to take shape during the early 17th century, with the English settlement of North America and the smaller islands of the Caribbean, and the establishment of joint-stock companies, most notably the East India Company, to administer colonies and overseas trade.
The global contribution to world's GDP by major economies from 1 CE to 2003 CE according to Angus Maddison's estimates. [17] Up until the early 18th century, China and India were the two largest economies by GDP output. According to British economist Angus Maddison, India's total share of the world economy went
The following table gives gross domestic product (GDP) estimates of the British Empire and its territories in 1870 and 1913, as a percentage of the world economy and the empire's economy, along with comparisons to the United States and Russian Empire. The British imperial territory with the largest economy in 1870 was British India (including ...
The British Raj was the period of British Parliament rule on the Indian subcontinent between 1858 and 1947, for around 89 years of British occupation. The system of governance was instituted in 1858 when the rule of the East India Company was transferred to the Crown in the person of Queen Victoria .
Ornamentalism presents a new view of the British Empire through an economic, social, and political lens. It argues that the British were motivated not only by race, but also by class to expand the empire. Cannadine traces the origins of this view to the local governments of sixteenth-century Tory England where those with high social prestige ...
The British built up a very large worldwide British Empire, which peaked in size in 1922. The cumulative costs of fighting two world wars, however, placed a heavy burden upon the UK economy, and after 1945 the British Empire gradually began to disintegrate, with many territories demanding independence.
The 1830s (pronounced "eighteen-thirties") was a decade of the Gregorian calendar that began on January 1, 1830, and ended on December 31, 1839.. In this decade, the world saw a rapid rise of imperialism and colonialism, particularly in Asia and Africa.
Political subdivisions of the Indian Empire in 1909 with British India (pink) and the princely states (yellow) Before it gained independence in 1947, India (also called the Indian Empire) was divided into two sets of territories, one under direct British rule (British India), and the other consisting of princely states under the suzerainty of the British Crown, with control over their internal ...