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Colonial India was the part of the Indian subcontinent that was occupied by European colonial powers during and after the Age of Discovery. European power was exerted both by conquest and trade, especially in spices .
In terms of the longer lasting effects and legacies of the economic impact of the British Raj, the impact predominantly stems from the irregular investment of areas of infrastructure. Simon Carey explains how the investment into Indian society was 'narrowly focused' and favoured the growth of transportation of goods and workers. [ 8 ]
After the Indian Rebellion in 1857, the new British administration created a close partnership with certain land-holders and princes to strengthen their grip on power. This was either to create a colonial hierarchy of the various ethnic groups in India, "each arranged into appropriate social classes, whose spiritual and material improvement were entrusted to the paternal direction of ...
5.2 Economic impact of the Raj. 6 Demography. ... The most important difference between colonial and postcolonial India was the use of land surplus with productivity ...
From the 1st century CE to the start of British colonization in India in the 17th century, India's GDP varied between 25% and 35% of the world's total GDP, [13] more than all of Europe combined. [6] It dropped to 2% by the time Britain departed India in 1947. [ 14 ]
Initially, the British East India Company, led by Josiah Child, had little interest in or impact on the region, and were effectively expelled following the Siam–England war (1687). Britain, in the guise of the British East India Company, turned their attention to the Bay of Bengal following the Peace with France and Spain (1783). During the ...
The British diaspora in India, though comprising only 37,700 British nationals in 2006, [1] has had a significant impact due to the effects of British colonialism. The mixing between Britons and native Indians also gave rise to the Anglo-Indian community .
The British East India Company, although still in direct competition with French and Dutch interests until 1763, following the subjugation of Bengal at the 1757 Battle of Plassey. The British East India Company made great advances at the expense of the Mughal Empire. The reign of Aurangzeb had marked the height of Mughal power.